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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Grove City, OH

Listed for sale today
$ 319,000
ROI
23.0
Cash Flow/m
284- 3 Bed
- 3 Bath
- 1464 sft
2421 Indian Creek Ct, Grove City, OH, 43123

$ 339,900
ROI
21.3
Cash Flow/m
146- 3 Bed
- 1 Bath
- 1376 sft
2930 Alkire Rd, GROVE CITY, OH, 43123

Listed for sale today
$ 350,000
ROI
23.2
Cash Flow/m
332- 4 Bed
- 2 Bath
- 1548 sft
2295 Salem Ave, Grove City, OH, 43123

Listed for sale today
$ 335,000
ROI
21.7
Cash Flow/m
178- 3 Bed
- 2 Bath
- 1475 sft
3563 Grant Ave, Grove City, OH, 43123
Why Invest in Grove City, Ohio?
Grove City, OH offers strong investment potential in homes under $500k, with access to Columbus suburbs and growing rental demand. Stable cap rates around 6-7% and average rents supporting yields of 7-8% make these properties attractive for cash flow. Proximity to employment hubs drives consistent appreciation at 4-5% annually. Renter-occupied units exceed 25%, bolstered by workforce migration. Low vacancy supports reliable income streams for investors.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
These properties offer solid cash flow with average monthly rents around $1,450 and cap rates of 6-7%. Stable appreciation and low vacancy support long-term holds. Proximity to Columbus jobs drives demand.
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