Under $200K Investment Properties for Sale in Meriden, CT
562- 3 Bed
- 1 Bath
- 1566 sft
15- 1 Bed
- 1 Bath
- 968 sft
673- 4 Bed
- 3 Bath
- 1984 sft
202- 3 Bed
- 2 Bath
- 1586 sft
Why Invest in Meriden, Connecticut?
Discover investment opportunities in Meriden, CT under $200k, where affordable entry points meet steady rental demand. Properties in this price range often deliver solid **cap rates** around 7-8% due to low acquisition costs. The local renter-occupied housing rate exceeds 40%, supporting reliable cash flow. Annual appreciation hovers at 3-4%, bolstered by proximity to Hartford and New Haven. With average rents near $1,400 for 2-bedroom units, yields remain attractive for budget-conscious investors.
Frequently Asked Questions
Yes, Meriden offers several properties under $200k, primarily condos and townhomes suitable for rentals. These align well with investor budgets in this market. Availability fluctuates, so monitor government housing reports for trends.
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