Rental Property Underwriting in Columbus, OH
Strong Midwest cash flow with Ohio State-anchored demand.
Typical SFR price
$230,000 – $310,000
3-bed rent (monthly)
$1,500 – $1,950
Effective property-tax rate
1.55% – 2.10%
Insurance (annual, ~$300k SFR)
$900 – $1,400
Gross rent-to-price (monthly)
0.65% – 0.80%
Landlord-tenant climate
balanced
Ranges compiled from Zillow, Redfin, and county assessor public data. Last reviewed 2025-10. Use as directional inputs, not appraisals.
What makes underwriting in Columbus different
- Intel megafab in Licking County is reshaping east-side rent growth 2025-2028.
- Franklin County reassessments in 2023 spiked taxes 30%+ on some rentals.
- Older housing stock — budget higher maintenance (10-15% of rent).
Quick worked example
Mid-range Columbus deal: $270,000 purchase, $1,725/mo rent → gross yield 7.67%. Whether that cash-flows depends on your rate, down payment, taxes at post-sale assessment, and insurance quote — not the metro average.
Other US markets we cover
Rental underwriting in Atlanta, GA →Rental underwriting in Charlotte, NC →Rental underwriting in Raleigh, NC →Rental underwriting in Tampa, FL →Rental underwriting in Orlando, FL →Rental underwriting in Jacksonville, FL →Rental underwriting in Phoenix, AZ →Rental underwriting in Las Vegas, NV →Rental underwriting in Dallas, TX →Rental underwriting in Houston, TX →Rental underwriting in Austin, TX →Rental underwriting in San Antonio, TX →
Educational content only, not investment or legal advice. Verify all numbers with local professionals before making an offer.