Under $500K Investment Properties for Sale in Coventry, CT

Listed for sale 3 days ago
$ 319,900
ROI
30.7
Cash Flow/m
978- 3 Bed
- 2 Bath
- 1368 sft
1485 North River Road, Coventry, CT, 06238

$ 385,000
ROI
22.2
Cash Flow/m
265- 3 Bed
- 4 Bath
- 1810 sft
94 Stonehouse Road #13, Coventry, CT, 06238

$ 439,900
ROI
22.3
Cash Flow/m
310- 3 Bed
- 3 Bath
- 1772 sft
229 Geraldine Drive, Coventry, CT, 06238

$ 359,000
ROI
23.0
Cash Flow/m
321- 2 Bed
- 1 Bath
- 720 sft
157 South River Road, Coventry, CT, 06238
Why Invest in Coventry, Connecticut?
Investing in Coventry, CT, especially for properties under $500k, offers a great opportunity for both new and seasoned investors. With a strong rental yield and a community focused on growth, this area provides a stable market for rentals, supported by the increasing demand for affordable housing.
7.5%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average property price in Coventry generally falls under $500k, making it an affordable option for many investors. Prices have been stable, reflecting the demand for residential rentals.
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