Under $300K Investment Properties for Sale in Meriden, CT
Listed for sale 4 days ago
$ 299,900
ROI
20.7
Cash Flow/m
76- 3 Bed
- 2 Bath
- 1092 sft
292 Tumblebrook Road, Meriden, CT, 06450
Listed for sale 6 days ago
$ 299,900
ROI
20.5Cash Flow/m
64- 3 Bed
- 2 Bath
- 1260 sft
175 Newton Street, Meriden, CT, 06450
Listed for sale 7 days ago
$ 234,900
ROI
21.4Cash Flow/m
107- 2 Bed
- 2 Bath
- 1296 sft
1655 North Colony Road #6003, Meriden, CT, 06450
Fix & Flip
Listed for sale 7 days ago
$ 259,900
ROI
21.9Cash Flow/m
154- 3 Bed
- 2 Bath
- 1276 sft
165 Parkview Street, Meriden, CT, 06451
Why Invest in Meriden, Connecticut?
Meriden, CT offers strong investment potential in homes under $300k, providing accessible entry points for cash-flowing properties. Recent data shows steady home appreciation around 5-8% annually, supporting long-term value growth. Rental demand remains solid with average rents supporting yields above 6%, ideal for buy-and-hold strategies. Competitive market dynamics favor investors targeting fixer-uppers and value-add opportunities under budget.
7.2%
Avg. ROI
6.8%
Rental Yield
7.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
5.5%
1Y Appreciation
Frequently Asked Questions
Yes, multiple listings exist under $300k including single-family homes and fixer-uppers. These properties often sell quickly in the competitive market. Investors find value in renovation potential for higher rents.
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