Is Grove City, OH a good place to invest in rental property?

Grove City, OH has a median modeled monthly cash flow of $-1,367 and a median cap rate of 2.7%, on a median sold price of $391,915. Prices changed +2.1% year over year.

What is the average cap rate in Grove City, OH?

The median cap rate across recently sold homes in Grove City, OH is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Grove City, OH?

The median sold price in Grove City, OH is $391,915 (about $196 per square foot).

Investing in Grove City, OH Real Estate

A data-driven snapshot of the Grove City, OH rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$391,915Median sold price

$196Median $/sqft

2.7%Median cap rate

$-1,367Modeled cash flow / mo

+2.1%Appreciation YoY

5.4Months of supply

377Active listings

845Sold (last 12 mo)

What the Grove City numbers say

In Grove City, OH, the median home sold for $391,915 (about $196 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,367 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 5.4 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Ohio markets to compare

See Grove City cash-flowing listings

CashFlowRE ranks every for-sale home in Grove City, OH by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Grove City deals, or browse the national market data.