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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Farmington, CT
Listed for sale 2 days ago
$ 329,900
ROI
27.5
Cash Flow/m
712- 2 Bed
- 3 Bath
- 1402 sft
7 Lilac Lane #7, Farmington, CT, 06032
$ 339,000
ROI
20.4Cash Flow/m
57- 2 Bed
- 3 Bath
- 1536 sft
8 Lyle Court #G, Farmington, CT, 06032
$ 335,000
ROI
23.8Cash Flow/m
375- 2 Bed
- 4 Bath
- 1432 sft
14 Lilac Lane #14, Farmington, CT, 06032
$ 325,000
ROI
24.1Cash Flow/m
389- 3 Bed
- 3 Bath
- 1516 sft
7 Lyle Court #D, Farmington, CT, 06032
Why Invest in Farmington, Connecticut?
Investing in Farmington, CT offers great opportunities, particularly for condominiums, thanks to the area's strong demand for rental properties. With a solid average rental yield and an attractive appreciation rate, investors can expect a favorable cash flow. The local housing market benefits from low vacancy rates, making it an ideal choice for those looking to expand their real estate portfolio.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for a condominium in Farmington is around $1,400 per month. This rate has shown a steady increase due to high demand and low vacancy rates.
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