Condo Investment Properties for Sale in Farmington, CT
Listed for sale 4 days ago
$ 369,000
ROI
23.9
Cash Flow/m
424- 3 Bed
- 2 Bath
- 1606 sft
25 Great Meadow Lane #25, Farmington, CT, 06032
$ 349,000
ROI
22.0Cash Flow/m
222- 2 Bed
- 2 Bath
- 1072 sft
4 Winchester Court, Farmington, CT, 06032
$ 324,500
ROI
21.3Cash Flow/m
140- 2 Bed
- 3 Bath
- 1536 sft
5 Talcott Glen #B, Farmington, CT, 06032
$ 329,900
ROI
23.0Cash Flow/m
294- 2 Bed
- 3 Bath
- 1462 sft
8 Staunton Court #A, 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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