Under $500K Investment Properties for Sale in Ellington, CT
Listed for sale 4 days ago
$ 398,000
ROI
31.0
Cash Flow/m
1245- 4 Bed
- 3 Bath
- 1578 sft
40 Wapping Wood Road, Ellington, CT, 06029
Listed for sale 5 days ago
$ 359,000
ROI
29.8Cash Flow/m
1005- 2 Bed
- 2 Bath
- 1844 sft
201 West Road, Ellington, CT, 06029
$ 249,900
ROI
26.4Cash Flow/m
462- 3 Bed
- 1 Bath
- 1200 sft
133 Orchard Street, Ellington, CT, 06029
$ 349,900
ROI
23.8Cash Flow/m
389- 3 Bed
- 2 Bath
- 1399 sft
8 Geraldine Drive, Ellington, CT, 06029
Why Invest in Ellington, Connecticut?
Investing under $500k in Ellington, CT presents a unique opportunity for real estate growth. The area has shown consistent appreciation trends and maintains a stable rental market, with positive cash flow and a strong rental yield. As a hidden gem in Connecticut, properties in this range are likely to attract both investors and first-time buyers due to their affordability and potential for long-term gains.
7%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average property prices in Ellington, CT are around $450,000, with many options available under the $500k range. This offers a great opportunity for investors looking to enter the Connecticut real estate market.
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