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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Grove City, OH
Listed for sale 6 days ago
$ 224,900
ROI
21.7
Cash Flow/m
122- 2 Bed
- 2 Bath
- 1051 sft
2395 Hooverside Ln, Grove City, OH, 43123
$ 289,900
ROI
24.6Cash Flow/m
389- 3 Bed
- 3 Bath
- 1728 sft
2227 Ravine Woods Dr, Grove City, OH, 43123
Currently Rented
$ 209,900
ROI
24.4Cash Flow/m
271- 2 Bed
- 2 Bath
- 1206 sft
707 Pondview Dr #36, Grove City, OH, 43123
$ 259,900
ROI
24.6Cash Flow/m
353- 3 Bed
- 3 Bath
- 1504 sft
4369 Club Trail Ln #9, Grove City, OH, 43123
Why Invest in Grove City, Ohio?
Grove City, OH offers strong investment potential in the condo market, with steady appreciation and reliable rental demand near Columbus. Average rents around $1,600 support solid cash flow, while cap rates hover at 6-7%. Renter occupancy exceeds 30%, bolstered by suburban appeal and job growth. Recent home value growth of 2% annually signals stable returns for condo investors. Low vacancy and proximity to employment hubs enhance long-term holding strategies.
7.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1641/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
Average rents in Grove City stand at about $1,641 monthly, with 1.6% year-over-year growth. This supports strong yields for condo investors. Demand remains steady due to commuter and student populations.
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