Property Description

Available for occupancy starting July 1st this ready-made investment opportunity in sought-after Gahanna-Jefferson Public School District offers immediate cash flow. This 3-bedroom ranch is currently leased through June 30th 2026 at $1,750 per month, providing a reliable income stream until the home is able to be vacant for the buyer.

394 Banbury Drive | MLS# 226006717

This single family home located at 394 Banbury Drive, Columbus, OH 43230 is currently listed for sale with an asking price of $249,900. This property was built in 1964 and has 3 bedrooms and 1 full baths with 1025 sq. ft. Banbury Drive is located in the Royal Manor subdivision within the GAHANNA JEFFERSON CITY school district. Search Royal Manor real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Cooling: Central Air

Days on Market: 7

Home Style: Ranch

Lot Size: 0.18 Acres

Taxes: $3,555

Year Built: 1964

Feature Descriptions

Exterior: Vinyl Siding

Flooring: Carpet, Vinyl

Parcel #: 025-002407

Parking: On Street

Local Schools

School District: GAHANNA JEFFERSON CITY

Market Trends

Franklin County Residential Market Trend Graphs

Zip Code 43230

Source: Delta Media Group, Inc.

Demographics

Franklin County Demographic Information for 394 Banbury Drive, Columbus, OH 43230

Fips

Fips Code 39049

Population

2020 to 2023 Change up 0.2%

2010 Count 1,163,414

2020 Count 1,323,807

2023 Estimate (V2023) 1,326,063

2020 Estimate (V2023) 1,323,810

Age Distribution (Years Old)

0 to 4 6.5%

5 to 17 22.9%

18 to 64 57.4%

65 and Older 13.2%

Gender

Male 49.2%

Female 50.8%

Place of Birth

Foreign 12.0%

US 88.0%

Education

High School Graduate, Age 25+ 91.5%

Bachelor's Degree or Higher, Age 25+ 41.7%

Computer and Internet use

Households with a computer 95.9%

Households with a broadband Internet subscription 92.1%

Language

English is Second Language, Age 5+ 14.9%

English is First Language, Age 5+ 85.1%

Veterans

Veterans 56,845

Income

Per Capita Income $41,148

Median Household Income $71,070

People in Poverty 15.1%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 594,813

Households 542,366

Average Household Size 2.38

Owner-Occupied 53.5%

Multi-Family 36.6%

Owner-Occupied Median Value $243,100

Median selected monthly owner costs -with a mortgage $1,667

Median selected monthly owner costs -without a mortgage $685

Median gross rent $1,169

Building Permits

New Private Housing Issued 2023 7,303

Years at Residence

1 Year or More 82.6%

Less Than 1 Year 17.4%

Business and Employment

Private non-farm Establishments 30,187

Private non-farm Employment 642,630

Private non-farm Employment Growth up 0.4%

Nonemployer Establishments 117,491

Number of Firms 107,363

Business Production

Value of Shipments $13,796,060,000

Wholesale Trade $32,205,012,000

Retail Trade $25,665,382,000

Retail Sales Per Capita $17,887

Accommodation and Food Services $3,728,293,000

Land

Land Area 532.19 sq. miles

Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,588.40 per month $1,219.26 Principal & Interest $296.25 Property Tax $72.89 Homeowner's Insurance

Change Payment Information

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