Columbus, OH Typical Rental Ratio

[Joe Chillinsky]

Hi All, investigating buy & hold in Columbus, OH and trying to get a sense of Rent/ARV ratio. Does the 1% rule hold? In some early investigation via Zillow/Redfin, it seems like the rent estimates show more like .5%

[William Alonso]

Hey Joe, yes the 1% rule does still hold for us and the investors I work with and speak to. It's not easy to find properties which meet it that are listed online but they are out there. There's a couple listed on the MLS currently that work but in general if I'm just throwing out a number I feel like maybe 5%-10% of properties I see listed work using 1% rule.