Seeking Guidance: Best Neighborhood for Long-Term Appreciation in Columbus, Ohio

[Yona Ganz]

Hi BiggerPockets Community,

I'm in the process of purchasing my first rental property in Columbus, Ohio, and I could use some guidance on choosing the best neighborhood for long-term appreciation. While I'm not yet familiar with the neighborhoods in Columbus, I'm specifically looking for a small multi-family rental property that will offer long-term appreciation potential. I'm not desperate for immediate cash flow, but I also don't want to invest in anything with negative cash flow.

Any advice would be greatly appreciated!

[Patrick Drury]

@Yona Ganz
If you are looking in Columbus, I recommend areas like Hilltop, Linden, Eastmoor/ Whitehall, and Franklinton. These are areas where you can cash flow in Columbus because the rent-to-price ratio is favorable. Out of these areas, Franklinton and Linden are seeing some of the most developments. With things like the ONE Linden plan in Linden, which is a 50M plan to improve the neighborhood. Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed. Franklinton has been seeing lots of developments like the completion of Gravity Phase 1 and phases 2 and 3 on the way. Also coffee shops like Bottoms Up Coffee are moving in and small microbreweries like brew dog and land grant.