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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Meriden, CT
Fix & Flip
Listed for sale 4 days ago
$ 299,900
ROI
30.1
Cash Flow/m
862- 3 Bed
- 2 Bath
- 1092 sft
7 Rogers Drive, Meriden, CT, 06450
Listed for sale 5 days ago
$ 199,000
ROI
22.6Cash Flow/m
155- 4 Bed
- 1 Bath
- 1280 sft
89 Robin Hill Road, Meriden, CT, 06450
Listed for sale 5 days ago
$ 268,900
ROI
20.8Cash Flow/m
78- 5 Bed
- 2 Bath
- 1407 sft
53 Maple Street, Meriden, CT, 06451
Listed for sale 5 days ago
$ 289,900
ROI
20.4Cash Flow/m
50- 3 Bed
- 2 Bath
- 1464 sft
24 Summit Street, Meriden, CT, 06450
Why Invest in Meriden, Connecticut?
Investing in single-family homes in Meriden, CT offers a unique opportunity with a strong rental market. With an average ROI of 8.5% and a rental yield of 6.5%, investors can benefit from stable cash flow. The rental market in Meriden is bolstered by affordability, evident from the average rent being $1,700, contributing to a positive cap rate of 7%.
8.5%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1700/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price for single-family homes in Meriden is approximately $1,700 per month, which offers a good return for investors.
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