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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
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 7 days ago
$ 469,900
ROI
22.5Cash Flow/m
360- 3 Bed
- 3 Bath
- 2020 sft
45 Saratoga Way, Meriden, CT, 06450
$ 390,000
ROI
28.7Cash Flow/m
966- 3 Bed
- 2 Bath
- 1708 sft
89 Baldwin Avenue, Meriden, CT, 06450
Fix & Flip
$ 349,900
ROI
20.9Cash Flow/m
107- 3 Bed
- 2 Bath
- 1092 sft
733 Broad 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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