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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Gales Ferry, CT
Listed for sale 7 days ago
$ 159,900
ROI
22.9
Cash Flow/m
140- 2 Bed
- 2 Bath
- 924 sft
944 Long Cove Road #TRLR 1, Gales Ferry, CT, 06335
Currently Rented
$ 124,900
ROI
23.9Cash Flow/m
145- 2 Bed
- 1 Bath
- 784 sft
1010 Long Cove Road LOT 17, Gales Ferry, CT, 06335
Motivated Seller
$ 146,300
ROI
79.0Cash Flow/m
2413- 4 Bed
- 2 Bath
- 1280 sft
40 Richard Rd, Gales Ferry, CT, 06335
$ 189,000
ROI
22.8Cash Flow/m
160- 2 Bed
- 2 Bath
- 924 sft
932 Long Cove Road #TRLR 4, Gales Ferry, CT, 06335
Why Invest in Gales Ferry, Connecticut?
Gales Ferry, CT presents a unique opportunity for investors looking for properties under $200k. With its current rental yields and an expected appreciation in the coming years, this area is ideal for both seasoned and new investors. Consider the affordability combined with growth potential, making Gales Ferry a prime target for investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Gales Ferry is approximately $1,200, making it a competitive market for investors looking to rent out properties.
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