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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Farmington, CT
Listed for sale today
$ 329,900
ROI
27.5
Cash Flow/m
712- 2 Bed
- 3 Bath
- 1402 sft
7 Lilac Lane #7, Farmington, CT, 06032
$ 479,900
ROI
22.2Cash Flow/m
327- 3 Bed
- 2 Bath
- 1794 sft
24 Berkshire Drive, 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
Why Invest in Farmington, Connecticut?
Farmington, CT presents an attractive opportunity for real estate investors looking for properties under $500k. The area boasts a strong rental market with a rental yield of approximately 7% and an average cash flow that aligns with prudent investment strategies. With a steady appreciation rate and significant renter occupancy, investors can expect a robust return on investment.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Farmington is approximately $1,500 per month. This figure reflects the median rental prices for both single-family homes and apartments in the area.
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