Under $500K Investment Properties for Sale in Grove City, OH

Listed for sale 1 day ago
$ 470,000
ROI
22.6
Cash Flow/m
377- 4 Bed
- 3 Bath
- 2400 sft
4954 Bradstone Loop, 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 3 days ago
$ 299,000
ROI
24.8
Cash Flow/m
415- 3 Bed
- 2 Bath
- 1136 sft
4283 Kelnor Dr, Grove City, OH, 43123

Listed for sale 3 days ago
$ 299,900
ROI
24.7
Cash Flow/m
409- 3 Bed
- 1 Bath
- 1114 sft
4912 Harrisburg Pike, 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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