Real Estate Investing in Galloway, Ohio (43119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43119 (Galloway, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Galloway, OH (43119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43119 Galloway
This part of Franklin County is not an easy win. The 43119 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 43119 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Galloway have seen price recovery that 43119 has not matched. Franklin County data supports the view that the spread is structural rather than temporary.
Demographically, 43119 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at Galloway's stable or hybrid ZIPs before stepping into 43119. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Galloway:
Property Strategy for 43119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $229,877 | $1,520 | 4.8% | +7.5% | $114,939 |
| 3BR | $293,165 | $1,820 | 4.5% | +7.7% | $97,722 |
| 4BR | $353,760 | $2,050 | 4.2% | +7.4% | $88,440 |
| 5BR | $463,870 | — | — | +7.7% | $92,774 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43119 Compare?
| Metric | 43119 | Galloway | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $313,062 | $313,062 | N/A | $237,530 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 7.4% |
| Avg Rent | $1,841 | $1,841 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43119 (Galloway, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 43119 (Galloway, OH)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Franklin County
Manage rentals here? List your business →Associa RPM provides comprehensive HOA and condominium management services in the greater Columbus, Dublin, Cincinnati, and Dayton areas of Ohio. summary from their website
Heart & Home Property Management offers services for single-family homes and multi-family properties in Columbus, including rentals and owner support. summary from their website
SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $313,062 |
| Monthly Rent | $1,841 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 Rent Trends
| 1-Year | -7.3% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 43119
Population: 29,423
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 43119
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 9,181 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is vacancy a concern in Galloway, OH?
Expect elevated vacancy in Galloway, OH. Rents at $1,841/mo are absorbed by the tenant base without meaningful lag.
What kind of tenants rent in Galloway, OH?
Tenant quality in Galloway, OH ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,841/mo.
How does Galloway, OH stack up for property investment?
Galloway, OH sits at an investability rating of 3.0/5, with median home values near $313K and average rents around $1,841/mo. That combination puts it in the impressive tier for investor interest.
Is Galloway, OH good for landlords?
Galloway, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How do experienced investors play Galloway, OH?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Galloway, OH. The numbers - $313K homes against $1,841/mo rents - support that play.
You know 43119 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43119 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 43119 ranks in Columbus, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 43119 (Galloway)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 43119 (Galloway, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.