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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Griswold, CT
Listed for sale 2 days ago
$ 290,000
ROI
19.9
Cash Flow/m
13- 2 Bed
- 3 Bath
- 1511 sft
61 South Main Street #202, Griswold, CT, 06351
$ 229,900
ROI
26.3Cash Flow/m
421- 2 Bed
- 2 Bath
- 832 sft
41 South Main Street APT 53, Griswold, CT, 06351
$ 219,000
ROI
20.6Cash Flow/m
52- 2 Bed
- 2 Bath
- 1390 sft
42 Anthony Street APT 3, Griswold, CT, 06351
$ 189,900
ROI
21.5Cash Flow/m
95- 2 Bed
- 2 Bath
- 825 sft
33 Russell St APT 4, Griswold, CT, 06351
Why Invest in Griswold, Connecticut?
Investing in condos in Connecticut offers a unique opportunity due to the state's stable economy and moderate rental yields. With a steady job market and an appreciation rate averaging around 4%, condos here present valuable long-term investment options. Many areas also report a renter-occupied rate of 35%, highlighting strong demand for rental properties.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Condos in Connecticut provide a stable investment due to moderate rental yields and a strong job market. They also appeal to a wide range of tenants, from young professionals to retirees.
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