Under $500K Investment Properties for Sale in Delaware, OH


421- 3 Bed
- 2 Bath
- 1296 sft


1162- 4 Bed
- 3 Bath
- 2754 sft


627- 4 Bed
- 3 Bath
- 2346 sft


802- 5 Bed
- 3 Bath
- 2600 sft
Why Invest in Delaware, Ohio?
Delaware, OH offers strong investment potential in homes under $500k amid stabilizing market conditions. Population growth and job expansion drive rental demand, with median home prices around $350k providing entry points for cash-flowing properties. Expect solid **cap rates** near 7% and **rental yields** of 8-9% in this expanding Columbus suburb. Annual appreciation holds at 1.5-2%, supported by new construction and migration inflows. Low vacancy and rising rents make under-$500k single-family homes attractive for long-term holds.
Frequently Asked Questions
Yes, median sale prices around $350k offer entry-level single-family homes with strong rental demand. These properties yield 8-9% returns due to low vacancy and population growth. Focus on areas near Ohio Wesleyan for steady cash flow.
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