Hi, I am looking to invest from out of state in the Columbus, OH area. Where as some areas or zip codes I can start to look at that are B/C neighborhoods? Thanks!
Rental Property Investor · Columbus, OH · Member since 2015 · 344 posts · 258 votes
6y
Hey @Brad Peralta! Columbus is definitely a great market to consider. Many of the neighborhoods surrounding downtown are great for appreciation, cashflow, and still a relatively lower barrier to entry. These will probably be closer to the C/C-. Some of those zips would be 43205, 43206, 43207, 43203, 43211, 43222. Many of these zips do have pockets that one may consider B. However, there's plenty of opportunity there. My first house hack was in 43207, and it's turned out great thus far.
Hi, I am looking to invest from out of state in the Columbus, OH area. Where as some areas or zip codes I can start to look at that are B/C neighborhoods? Thanks!
Rental Property Investor · Columbus, OH · Member since 2015 · 344 posts · 258 votes
6y
Hey @Brad Peralta! Columbus is definitely a great market to consider. Many of the neighborhoods surrounding downtown are great for appreciation, cashflow, and still a relatively lower barrier to entry. These will probably be closer to the C/C-. Some of those zips would be 43205, 43206, 43207, 43203, 43211, 43222. Many of these zips do have pockets that one may consider B. However, there's plenty of opportunity there. My first house hack was in 43207, and it's turned out great thus far.
Hey @Brad Peralta! Columbus is definitely a great market to consider. Many of the neighborhoods surrounding downtown are great for appreciation, cashflow, and still a relatively lower barrier to entry. These will probably be closer to the C/C-. Some of those zips would be 43205, 43206, 43207, 43203, 43211, 43222. Many of these zips do have pockets that one may consider B. However, there's plenty of opportunity there. My first house hack was in 43207, and it's turned out great thus far.
Thanks @mikael! I'll look into those zips. I've heard of Old Town Easte and Franklin Park (43205) from others as well.
Those are good areas. They have been pretty hot for awhile now, though, so it may be harder to find reasonably priced properties at this point. However, you may be able to find some off market stuff through direct marketing etc. Seems in that general East side area, South of Main and Driving Park, along with a few other neighborhoods, are seeing some activity from investment spilling over out of OTE and Franklin Park.