Cap Rate Realty

1259 E Hudson St.
Columbus, OH 43211
application@capraterealty.com

This week's open houses!

www.capraterentals.com

 

Address Zip Open Houses Style Rent Available Beds Baths Basement Fenced Pets Garage
2212 Homestead 43211 Thurs. 1/20 3:00-4:00 PM  Townhome $750 Now! 2 1 Y N Y N
2644 Atwood Terrace 43211 Thurs. 1/20 4:15-5:15 PM & Sun. 1/23 12:00-1:00 PM Single-Family $1,300.00 Now! 3 1 Y N Y N
1020 E 13th Ave D 43211 Sun. 1/23 1:15-2:15 PM Ranch 4plex $775 Now! 2 1 N Y N N
3632 Cushing Dr. 43227 COMING SOON Townhome $700 Now! 2 1 N N N N


To stay in compliance with all Fair Housing guidelines, we do not answer inquiries via phone. All criteria are listed on our website. If, after reading, you still have a question, please e-mail applicationcapraterealty@gmail.com

Please review our rental criteria before applying
 

*Each person 18 or over intending to live in the home must apply. 

*Application Fee is $45.00 per adult, can pay online with a credit card.  You can also drop it off at our office by money order at 1259 E. Hudson St. Columbus, 43211.

Do NOT mail it. Our mail is very slow, and it can take weeks to get to us.

APPLY ONLINE

 https://app.propertyware.com/pw/portals/capraterentals/tenantApplication.action  

Or click on the application tab on the website.

If you cannot apply online, please email us at applicationcapraterealty@gmail.com.

 

 HARD NO’S: Evictions, arson charges and/or drug distribution/drug trafficking/possession with intent to sell, outstanding past utility company debt, outstanding past landlord debt. It takes 2-5 days for approval because we require one job referral and one former landlord referral. Sometimes employers and landlords take a few days to get back to us. 

You will need to upload the following, you'll want to have them ready when you apply. 

 *Your Driver's License or State ID

*Your last 2 pay stubs

*Your SSI / Disability proof of income-Only if you are counting it toward income

*Health Insurance Card -Only if you are counting it toward income

*Proof of PIPP benefit- Only if you are counting it toward income

*Proof of food stamp / SNAP benefit- Only if you are counting it toward income

*Proof of child support -Only if you are counting it toward income

If there are any incidents in your past that you feel merit explanation, please add to the application under the “Anything you feel would add to your application” section.

If you have trouble uploading the documents, e-mail them to application@capraterealty.com.

 

Rental Criteria:

 Must make 3 times the rent in gross income. Minimum credit score requirement of 575. If your credit is under 575, we will consider your application, but you will need a total of 3 months’ rent to move in. First month’s rent, last month’s rent, and security deposit. 

 

IMPORTANT FAQ’S

We REQUIRE a former landlord referral unless you qualify for permanent supportive housing via Faith Mission or Integrated Services. Please ensure the name and address of the owner/property manager for your current residence are listed. Applications with no landlord contact information will NOT BE PROCESSED.

 

Please fill out all the social media you have.

 

EVICTIONS- We do not accept evictions. We count dropped evictions at 50% of the weight of a regular eviction. If you have more than one dropped eviction, it counts the same as a full eviction.

 

CRIME-We are very liberal on crime, except arson and drug distribution/drug trafficking/possession with intent to sell. They are hard no’s.

 

 HOW WE CALCULATE INCOME. We use your gross pay, social security, disability, food stamps / SNAP benefits, child support, PIPP benefit, and your healthcare costs into the calculation. Please make sure you send proof of each.

 

*We take credit, criminal, eviction, and landlord and job recommendations into account on decisions.

*The employees holding the open houses are not the decision-makers on applications.

 

NEXT STEPS. Once you have issued an approval, you must pay the $75 lease creation and onboarding fee before writing a lease for you. Your security deposit is due within 72 hours of receiving the lease via e-mail. 

 

HOW LONG WE HOLD HOUSES. You must start paying rent within 14 days of unoccupied units or 7 days of occupied units. 

 

CAP RATE REALTY TAKES FAIR HOUSING AND ACCESS TO QUALITY AFFORDABLE HOUSING SERIOUSLY.

Cap Rate Realty does not discriminate based on ancestry, race, color, religion, sex, disability, familial status, national origin, or military status.

www.propertyware.com