Under $500K Investment Properties for Sale in Canterbury, CT
Listed for sale 3 days ago
$ 385,000
ROI
21.7
Cash Flow/m
207- 3 Bed
- 1 Bath
- 1356 sft
62 Bates Pond Road, Canterbury, CT, 06331
$ 309,800
ROI
28.2Cash Flow/m
731- 3 Bed
- 1 Bath
- 1404 sft
6 Meadow Lane, Canterbury, CT, 06331
$ 425,000
ROI
26.4Cash Flow/m
789- 3 Bed
- 3 Bath
- 2123 sft
1 Library Road, Canterbury, CT, 06331
$ 205,000
ROI
20.9Cash Flow/m
63- 2 Bed
- 1 Bath
- 856 sft
479 South Canterbury Road, Canterbury, CT, 06331
Why Invest in Canterbury, Connecticut?
Investing in Canterbury, CT offers a unique opportunity to acquire properties under $500k, making it an appealing destination for first-time investors. With a steady rental market, you can expect a competitive rental yield and low vacancy rates. The town's charm, coupled with its economic stability, makes it an attractive place for long-term growth.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Canterbury, CT is approximately $1,500 per month, making it an affordable option for many tenants.
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