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Updated 6 months ago on . Most recent reply
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Observation and Wondering of Columbus Market
Hi everyone,
As a first time out-of-state investor, I've heard buzz about promising neighborhoods in Columbus, like North Linden, Olde Towne East, and Franklin Park, known for their potential cash flow and appreciation. However, a quick glance at Zillow reveals some new or decent condition rental listings lingering for over 30 days. This raises a critical question: Is there a genuine rental demand in these areas, despite the city's ongoing efforts to enhance infrastructure? Understanding this dynamic could be key to making informed investment decisions
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Quote from @Julie Philpott:
Hi everyone,
As a first time out-of-state investor, I've heard buzz about promising neighborhoods in Columbus, like North Linden, Olde Towne East, and Franklin Park, known for their potential cash flow and appreciation. However, a quick glance at Zillow reveals some new or decent condition rental listings lingering for over 30 days. This raises a critical question: Is there a genuine rental demand in these areas, despite the city's ongoing efforts to enhance infrastructure? Understanding this dynamic could be key to making informed investment decisions
I own rental properties in three very different areas in Columbus, Ohio, which I would classify as ranging from A to C areas. There is a strong demand for rentals in these neighborhoods as long as you have a quality product, a good leasing agent, and price your rentals correctly.
- Remington Lyman
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