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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ellington, CT
Listed for sale 1 day ago
$ 439,900
ROI
22.2
Cash Flow/m
304- 3 Bed
- 2 Bath
- 1550 sft
22 Ludwig Road, Ellington, CT, 06029
$ 439,900
ROI
27.3Cash Flow/m
928- 5 Bed
- 2 Bath
- 1734 sft
19 Hillside Drive, Ellington, CT, 06029
$ 499,900
ROI
25.1Cash Flow/m
741- 4 Bed
- 3 Bath
- 2010 sft
18 Hillside Drive, Ellington, CT, 06029
$ 219,900
ROI
20.7Cash Flow/m
60- 1 Bed
- 2 Bath
- 760 sft
1 Abbott Road #207, 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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