Franklinton, 43222 zip code

[Amit Friedlander]

Hi BP Community,

I am looking to flip properties in Columbus, Ohio.

What are your thoughts on Franklinton (Zip code 43222)  as a flip market?

Thanks

Amit

[Danny Wood]

Hi, Amit. 

You may find my vantage point to be valuable as I am a self proclaimed 'live in case study' in this area. I moved to Columbus last summer to start dental school at OSU. I didn't want a mortgage payment so I bought in a neighborhood (Franklinton) that would be affordable and allow me a short commute to school. 

I live on Chicago Ave, which is considered West/North Franklinton. I own two properties on the street, one which I live in and the other is a duplex that is scheduled for rehab this summer. As a young professional I stick out like a sore thumb on this street; however, it doesn't bother me because I'm here for a reason. 

After a year here, I have found that there has been positive signs of growth in the area and I haven't had any crime issues so far (knock on wood). I have a great security system and keep a lookout for people that shouldn't be around the area. Encouragingly, the police have been a visible presence. 

In a nutshell: like someone said in another post, Franklinton is desireable on a street by street basis. I believe that if you build it "they" will come; "they" being the types of people like myself who want to be close to downtown and work/school and have a tough skin not to be intimidated by crime stats, or the occasional cop chase. 

The more people that have a vision and tough skin to see it happen will reap the rewards that I believe this area will and can provide an investor. 

Regards, 

Danny Wood