Condo Investment Properties for Sale in Groton, CT
Listed for sale 2 days ago
$ 275,900
ROI
21.0
Cash Flow/m
98- 2 Bed
- 2 Bath
- 1110 sft
57 Courtland Drive #57, Groton, CT, 06340
$ 259,900
ROI
22.5Cash Flow/m
199- 2 Bed
- 2 Bath
- 1638 sft
576 Shennecossett Road #G69, Groton, CT, 06340
$ 240,000
ROI
24.3Cash Flow/m
304- 2 Bed
- 2 Bath
- 1248 sft
536 Shennecossett Road #29, Groton, CT, 06340
$ 150,000
ROI
22.8Cash Flow/m
126- 1 Bed
- 1 Bath
- 750 sft
57 Virginia Ave APT A, Groton, CT, 06340
Why Invest in Groton, Connecticut?
Investing in Groton, CT condos can be a smart move due to the area's steady rental demand. With an average rental yield of 6% and a cap rate of 5.5%, this market offers promising returns. The appreciation rate is around 3% annually, making it a solid choice for long-term real estate investments.
8%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Groton, CT is around 6%, making it an attractive option for real estate investors looking for solid returns.
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