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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 1 day ago
$ 439,900
ROI
20.8
Cash Flow/m
131- 3 Bed
- 3 Bath
- 2200 sft
104 Tunxis Village, Farmington, CT, 06032
$ 275,000
ROI
26.2Cash Flow/m
491- 2 Bed
- 2 Bath
- 1020 sft
15 Cardinal Drive #15, Farmington, CT, 06032
$ 309,900
ROI
22.9Cash Flow/m
274- 2 Bed
- 2 Bath
- 1372 sft
13 Byrne Court #A, Farmington, CT, 06032
$ 524,900
ROI
23.0Cash Flow/m
418- 3 Bed
- 3 Bath
- 2248 sft
40 Florence Way, 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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