Is There Still Viability in the Columbus Market? You Bet!- 22 Reasons

If you’re entering the Columbus market as a real estate investor you may feel like you’re late to the game. Have all the good deals been snatched up?...Is there anything left? Let’s ask a simple question:

Is There Viability in the Columbus Market? Well…yes, yes there is. And here is why;

• 2nd Largest City in the Midwest behind Chicago (And Larger than Atlanta, San Francisco, Indianapolis, Charlotte, Nashville, Denver, Seattle...and many others)
• Port Cities are a Thing of the Past- Columbus is the "Center of the Country"
• Cost of Living is Low with High Quality of Life When Compared to Other Large Cities
• 1st Amongst the 10 Largest Midwest Cities in US for Population Growth, Job Growth, and GDP Growth.
• Realtor.com "Hottest Real Estate Market" in the US Throughout 2019, 2020, 2021
• AAA Bond Ratings with Maxed-out Reserves
• #2 Metro Market in US for Mobile Network Performance
• Average age 31yrs. & Top "Hipster" Destination in the US
• 88 Jobs Paying Higher Wages than New York City
• Home to 2nd (soon 1st) Largest University in the US ($7B in Capital Projects & 60,000+ students)
• Hotbed of Startups and Venture Capital- "Exodus from Silicon Valley"
• 1st "SMART" City in the US ($50m DOT Grant)
• Intentionally Underbuilding to Hedge Risk...30,000+ units short of demand
• 11-County Region with Huge Room for Growth & Expansion (3million+) over the next 20-years
• • And if that wasn’t enough,
• 50% of the Columbus Population Rents
• All-time Record Low Homeownership for the Millennial Generation (largest population in America- bigger than Baby Boomer population)
• The Average Market Rent in Columbus has Climbed to $2,000/mo. (existing "affordable" inventory becomes very attractive)
• "1%" Rent-to-Purchase Price Ratios and 7-10% Cash-on-Cash is Normal.
• An Abundance of C/C- Locations in Extreme Transition with Verifiable Upward Trends
• Dozens of Neighborhoods with 20-40% Price Appreciation Over the Last 5-Years
• 20,000+ Multifamily Structures in Franklin County; Less than 10% Transact Annually
• Market Rents are Impossibly Low Across Existing Small MF Inventory

Still want more?...Drop us a line or email us at [email protected] for a full market analysis. We’re glad to talk shop about the local market. And for a free resource check out Columbus 2020