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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Griswold, CT

$ 250,000
ROI
23.9
Cash Flow/m
289- 2 Bed
- 2 Bath
- 1280 sft
10 Cathcart Drive #8, Griswold, CT, 06351

$ 189,900
ROI
21.5
Cash Flow/m
95- 2 Bed
- 2 Bath
- 825 sft
33 Russell St APT 4, Griswold, CT, 06351

$ 199,900
ROI
22.7
Cash Flow/m
163- 2 Bed
- 2 Bath
- 1232 sft
41 South Main Street APT 29, Griswold, CT, 06351

$ 175,000
ROI
23.8
Cash Flow/m
198- 2 Bed
- 2 Bath
- 1025 sft
33 Russell Street APT 10, 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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