Under $200K Investment Properties for Sale in New Britain, CT
$ 199,900
ROI
30.9
Cash Flow/m
622- 3 Bed
- 1 Bath
- 1398 sft
159 Monroe Street, New Britain, CT, 06052
Fix & Flip
$ 165,000
ROI
22.3Cash Flow/m
118- 4 Bed
- 3 Bath
- 1843 sft
19 North Wellington Street, New Britain, CT, 06053
$ 199,900
ROI
22.6Cash Flow/m
156- 4 Bed
- 3 Bath
- 1215 sft
237 Burritt Street, New Britain, CT, 06053
Fix & Flip
$ 189,990
ROI
30.8Cash Flow/m
585- 4 Bed
- 1 Bath
- 1152 sft
68 Fulton Street, New Britain, CT, 06051
Why Invest in New Britain, Connecticut?
Discover investment opportunities in New Britain, CT under $200k, offering affordable entry into a stable rental market. Properties in this price range appeal to budget-conscious investors seeking positive cash flow. With a renter-occupied rate around 45%, demand remains steady from local workforce. Average rents support yields of 7-9%, while modest appreciation of 2-3% adds long-term value. Cap rates near 8% make these deals attractive for value-add strategies.
9.2%
Avg. ROI
8.1%
Rental Yield
8.4%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
2.6%
1Y Appreciation
Frequently Asked Questions
Yes, affordable properties under $200k exist, particularly in historic districts like West End. These often include fixer-uppers ideal for investors. Demand from renters keeps values stable.
Find Your Perfect Investment Property in New Britain, Connecticut
Explore investment opportunities by strategy, performance, or property type
