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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Meriden, CT
Listed for sale 2 days ago
$ 194,900
ROI
23.2
Cash Flow/m
186- 3 Bed
- 2 Bath
- 1568 sft
71 Broad Street, Meriden, CT, 06450
Listed for sale 6 days ago
$ 325,000
ROI
24.7Cash Flow/m
447- 5 Bed
- 2 Bath
- 2254 sft
66 Vine Street, Meriden, CT, 06451
Listed for sale 6 days ago
$ 249,900
ROI
23.8Cash Flow/m
279- 2 Bed
- 2 Bath
- 1086 sft
560 Yale Avenue #4, Meriden, CT, 06450
Listed for sale 7 days ago
$ 469,900
ROI
22.5Cash Flow/m
360- 3 Bed
- 3 Bath
- 2020 sft
45 Saratoga Way, Meriden, CT, 06450
Why Invest in Meriden, Connecticut?
Meriden, CT offers **high rental yield** opportunities for investors seeking strong cash flow in a stable market. Average rents around $1,650 support yields above 7% with moderate property values near $309,000. Cap rates hover at 6-7%, bolstered by 40% renter-occupied housing and steady appreciation of 4.9%. Low vacancy and growing demand make it ideal for long-term returns.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
4.9%
1Y Appreciation
Frequently Asked Questions
High rental yields in Meriden average 7.2%, driven by $1,650 avg rents and $309k home values. This outperforms many CT markets for cash flow investors. Yields vary by property type but remain strong due to 40% renter occupancy.
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