Cap Rate Realty

1259 E Hudson St.
Columbus, OH 43211
Phone: (855) 406-4253

This week's open houses!

www.capraterentals.com

Coming Soon OPEN HOUSE
SCHEDULE
Available Style Rent Beds Baths Basement Sec 8
395 Barnett Rd.

Thurs.6/24 3 pm-4 pm & Sun.6/27 Noon- 1 pm.

6/30 Duplex $750 2 1 Y N
618 Ogden Ave. Thurs. 6/24 4:30-5:30 p.m.& Sun. 6/27 1:30-2:30 pm. 6/21 Duplex $960 3 1 N N
3139 McGuffey Rd Coming Soon TBA Duplex $800 2 1 N Y
4935 Myers Rd. Coming Soon TBA Fourplex $725 1 1 N N
634 Racine Ave. Coming Soon TBA Duplex $960 3 1 Y Y
2212 Homestead Dr. Coming Soon TBA Duplex $750 2 1 Y N
2214 Homestead Dr Coming Soon TBA Duplex $750 2 1 Y N
2216 Homestead Dr. Coming Soon TBA Duplex $750 2 1 Y N
4643 Boynton Place Coming Soon TBA House $1,000 3 1 Y N

www.capraterentals.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 1-4 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. 

APPLICATION DETAILS:
*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, Oh 43211. Do NOT mail it. Our mail is very slow, and it can take weeks to get to us.

Or click on the application tab on the website. If you cannot apply online, please call us at 1-614-406-4253 to meet and make a paper application. APPLY ONLINE: https://app.propertyware.com/pw/portals/capraterentals/tenantApplication.action  

*Each person 18 or over, intending to live in the home must apply. You will need to upload the following, so have them ready when you apply. 

 

You will need to upload the following, so 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:

Self-Pay tenants: 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 month’s rent to move in. First month’s rent, last month’s rent, and rent lock.

SECTION 8 / CMHA / INTEGRATED SERVICES / FAITH MISSION: No minimum credit score. Must have an income of 2x the rent in gross income. We include food stamps, Medicaid, and PIPP as income, so put those numbers in your application. You will need to provide documents showing the benefits.

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 rent lock or security deposit is due within 72 hours of receiving the lease via e-mail. * PLEASE NOTE-We do not wait on third-party payments, such as PRC, Shelter Care Plus, Community Shelter Board, etc., for initial fees.

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