Good areas to invest in Columbus Ohio

Good areas to invest in Columbus Ohio

Monterey, CA · Member since 2018 · 9 posts · 8 votes

We have a team from California trying to invest in Columbus Ohio, we don’t know that market hope you guys could tell us what are the good neighborhoods or which are the ones we should stay away from?

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Robert EllisBusiness Member
Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
7y

if you want good areas i'd target homes that sell above $100 per sq ft. just a rule of thumb. 

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  • Investor/Agent · Mechanicsburg, OH · Member since 2015 · 138 posts · 56 votes
    7y

    Hey Felix,

    What is your definition of a “good” neighborhood? 

    Cash flow, IRR, COC.. appreciation....etc

    Are you looking for single family or multi family?

    Long term rentals or rehabs?

    Columbus market is extremely hot right now with multiple offers on listed properties. Everyone has different goals and risk tolerance. I recently sold a rental property to an investor that bought 44 houses in a neighborhood with the highest murder rate in Columbus. 

  • Specialist · Toronto, Ontario · Member since 2012 · 2k+ posts · 891 votes
    7y
    Originally posted by @Adam Fansler:

    Hey Felix,

    What is your definition of a “good” neighborhood? 

    Cash flow, IRR, COC.. appreciation....etc

    Are you looking for single family or multi family?

    Long term rentals or rehabs?

    Columbus market is extremely hot right now with multiple offers on listed properties. Everyone has different goals and risk tolerance. I recently sold a rental property to an investor that bought 44 houses in a neighborhood with the highest murder rate in Columbus. 

    You left out meth and heroin. Central OH has a lot of that

  • Property Manager · Columbus, OH · Member since 2017 · 123 posts · 76 votes
    7y

    @Felix Reyes What Adam said; define good and I can help from there. DM me if you prefer

  • Contractor · Columbus, OH · Member since 2018 · 49 posts · 20 votes
    7y

    Well most people would say that the worst neighborhoods in Columbus at the moment are Hilltop and South Linden. most people would for sure call those two neighborhoods D classed neighborhoods 

  • Robert EllisBusiness Member
    Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
    7y

    if you want good areas i'd target homes that sell above $100 per sq ft. just a rule of thumb. 

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