Real Estate Investing in Columbus Grove, Ohio

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2 ZIP codes • Population: 7,088 • Putnam County

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Should you buy in Columbus Grove, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $271,981
Avg Monthly Rent $999
ZIP Codes 2

Investing in Columbus Grove Real Estate

With a sizable population across 2 ZIPs, Columbus Grove shows the kind of underwhelming fundamentals that keep most out-of-state capital on the sidelines.

unambiguously Columbus Grove's aggregate rating of ★★★☆☆ reflects lackluster investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rents in Columbus Grove at $999/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Demographics in Columbus Grove show real pressure — median income of $N/AK is underwhelming relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Lima, OH

Columbus Grove is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$271,981
Avg Monthly Rent
$999
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Lima, OH metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Lima, OH metro
0
Days to pending
11.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Columbus Grove, OH

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Filter Columbus Grove’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Columbus Grove, OH

Are homes affordable in Columbus Grove, OH?

Columbus Grove, OH median home values land near $272K. That is reasonable territory for investors looking at $999/mo-per-month rentals.

How tight is the rental market in Columbus Grove, OH?

Columbus Grove, OH carries elevated vacancy risk. Expect measured absorption at market rents of $999/mo.

Are renters plentiful in Columbus Grove, OH?

Working renters make up the core of the Columbus Grove, OH tenant base. The pool is reasonable for investors targeting long-term holds.

Can I live-in-and-rent in Columbus Grove, OH?

The house hack math a challenging in Columbus Grove, OH. Owner-occupant buyers benefit from the $999/mo rents and $272K home values.

How strict are landlord regulations in Columbus Grove, OH?

Columbus Grove, OH operates under OH law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

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