Top 10 Columbus Zillow Investment Listings Ranked by Cash-on-Cash Return
Ten Columbus rental listings from Zillow ranked by cash-on-cash return. Foreclosures, auctions, and east-side SFRs with Realy metrics and investor notes.
These ten listings were pulled from Columbus Zillow markets (43232, 43205, 43227, 43229, 43224, 43209, 43213, 43228) and ranked by cash-on-cash return (CoC) using Realy’s Chrome extension, sorted by highest CoC first.
All ten listings show positive CoC under lean assumptions. Foreclosures and auctions dominate the top half. Treat headline yields as a screening signal. Condition, title, and occupancy diligence come first.
This is a screening list, not a buy list.
Calculation Assumptions Used
| Input | Setting |
|---|---|
| Down payment | 20% · Closing 1% · Rate 6.5% · 30Y fixed |
| Property taxes | 2% of sale value |
| Insurance, vacancy, maintenance, HOA | $0 (add your quotes) |
| Rent | Zillow Rent Zestimate |
See cash-on-cash formula and NOI guide.
At-a-Glance Ranking
| # | Address | Price | Beds/Baths | CoC | Cap Rate | Mo. CF | Rent/mo |
|---|---|---|---|---|---|---|---|
| 1 | 2081 Easthaven Dr | $165,000 | 5 / 3 | 27.9% | 11.9% | $805 | $1,914 |
| 2 | 532-534 Linwood Ave | $240,000 | 5 / 3 | 26.0% | 11.5% | $1,090 | $2,704 |
| 3 | 4837 Dickens Dr | $144,000 | 3 / 2 | 25.6% | 11.4% | $644 | $1,612 |
| 4 | 5090 Avalon Ave | $200,000 | 3 / 3 | 25.5% | 11.4% | $893 | $2,238 |
| 5 | 1443 Boxwood Dr | $200,000 | 4 / 2 | 25.4% | 11.4% | $889 | $2,234 |
| 6 | 4145 Karl Rd #228 | $115,000 | 2 / 1 | 24.7% | 11.3% | $498 | $1,271 |
| 7 | 2813 Kingsrowe Ct #43 | $179,900 | 3 / 2 | 19.6% | 10.2% | $617 | $1,826 |
| 8 | 4889 Labelle Dr | $200,000 | 3 / 2 | 18.6% | 10.0% | $652 | $1,997 |
| 9 | 277 S James Rd | $250,000 | 4 / 3 | 15.4% | 9.3% | $673 | $2,354 |
| 10 | 4715 Arnold Ave | $214,900 | 3 / 2 | 12.0% | 8.6% | $451 | $1,896 |
#1: 2081 Easthaven Dr, Columbus OH 43232
Single family · 5 bed / 3 bath · 1,074 sqft · $165,000
| Metric | Value |
|---|---|
| Cash-on-cash | 27.9% |
| Cap rate | 11.9% |
| Monthly cash flow | $805 |
| Total cash down | $34,650 |
Why it ranks #1: Eastside bank-owned SFR with $1,914/mo rent on a $165K basis.
Investor notes: Bank-owned foreclosure. 13 days on market. Finished basement noted. Five beds in 1,074 sqft. Verify layout, condition, and rent comps in 43232.
#2: 532-534 Linwood Ave, Columbus OH 43205
Single family · 5 bed / 3 bath · 2,512 sqft · $240,000
| Metric | Value |
|---|---|
| Cash-on-cash | 26.0% |
| Cap rate | 11.5% |
| Monthly cash flow | $1,090 |
Investor notes: Listed as auction. Near East Side. Zestimate ~$439K vs. $240K list. Large gap. Confirm auction terms, duplex layout, and occupancy.
#3: 4837 Dickens Dr, Columbus OH 43227
Single family · 3 bed / 2 bath · 1,104 sqft · $144,000
| Metric | Value |
|---|---|
| Cash-on-cash | 25.6% |
| Cap rate | 11.4% |
| Monthly cash flow | $644 |
Investor notes: Foreclosure. 9 days on market. East Columbus. Zestimate ~$145K. Standard distress diligence.
#4: 5090 Avalon Ave, Columbus OH 43229
Single family · 3 bed / 3 bath · 1,540 sqft · $200,000
| Metric | Value |
|---|---|
| Cash-on-cash | 25.5% |
| Cap rate | 11.4% |
| Monthly cash flow | $893 |
Investor notes: Listed as auction. Northland / 43229. Zestimate ~$300K. Full basement noted. Confirm auction process and property condition.
#5: 1443 Boxwood Dr, Columbus OH 43229
Single family · 4 bed / 2 bath · 1,612 sqft · $200,000
| Metric | Value |
|---|---|
| Cash-on-cash | 25.4% |
| Cap rate | 11.4% |
| Monthly cash flow | $889 |
Investor notes: Foreclosure. Same zip as #4. 63 days on market. Replacement windows noted. Side-by-side compare with Avalon.
#6: 4145 Karl Rd #228, Columbus OH 43224
Condo · 2 bed / 1 bath · 1,323 sqft · $115,000
| Metric | Value |
|---|---|
| Cash-on-cash | 24.7% |
| Cap rate | 11.3% |
| Monthly cash flow | $498 |
Investor notes: Coming soon / 2–3 days on market. Lowest ask on screen. Confirm HOA dues and rental rules before underwriting.
#7: 2813 Kingsrowe Ct #43, Columbus OH 43209
Condo · 3 bed / 2 bath · 1,360 sqft · $179,900
| Metric | Value |
|---|---|
| Cash-on-cash | 19.6% |
| Cap rate | 10.2% |
| Monthly cash flow | $617 |
Investor notes: Bexley / Eastmoor edge. 146 days on market. Open house Sat 12–2pm. Prior price change. Confirm HOA.
#8: 4889 Labelle Dr, Columbus OH 43232
Single family · 3 bed / 2 bath · 1,336 sqft · $200,000
| Metric | Value |
|---|---|
| Cash-on-cash | 18.6% |
| Cap rate | 10.0% |
| Monthly cash flow | $652 |
Investor notes: For sale by owner. $25,000 price cut (Jun 17). 303 days on market. Long DOM. Verify title and seller motivation.
#9: 277 S James Rd, Columbus OH 43213
Single family · 4 bed / 3 bath · 1,904 sqft · $250,000
| Metric | Value |
|---|---|
| Cash-on-cash | 15.4% |
| Cap rate | 9.3% |
| Monthly cash flow | $673 |
Investor notes: Listed as auction. Whitehall / Eastmoor. 103 days on Zillow. Zestimate ~$429K vs. $250K list. Extreme gap. Auction diligence required.
#10: 4715 Arnold Ave, Columbus OH 43228
Single family · 3 bed / 2 bath · 999 sqft · $214,900
| Metric | Value |
|---|---|
| Cash-on-cash | 12.0% |
| Cap rate | 8.6% |
| Monthly cash flow | $451 |
Investor notes: West Columbus / 43228. 7 days on market. Standard FSBA. Thinnest CoC on this screen once insurance is added.
Columbus Patterns
| Pattern | Takeaway |
|---|---|
| Distress leads | Foreclosures and auctions occupy most of the top five |
| East / Northside mix | 43232, 43227, and 43229 show up repeatedly |
| Condo HOA gap | #6 and #7 need real dues before trusting cash flow |
| vs. Ohio state | Compare Ohio top 10 |
Screen Columbus in Realy
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Related: First rental checklist · Ohio top 10
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