Investment Properties for Sale in New Canaan, CT
Listed for sale 3 days ago
$ 850,000
ROI
23.1
Cash Flow/m
700- 3 Bed
- 3 Bath
- 1360 sft
78 Hoyt Street #78, New Canaan, CT, 06840
$ 899,000
ROI
21.5Cash Flow/m
356- 3 Bed
- 3 Bath
- 1875 sft
113 Heritage Hill Road #113, New Canaan, CT, 06840
$ 815,000
ROI
22.4Cash Flow/m
528- 3 Bed
- 2 Bath
- 1211 sft
84 Heritage Hill Road #84, New Canaan, CT, 06840
$ 699,990
ROI
26.3Cash Flow/m
1190- 3 Bed
- 2 Bath
- 1554 sft
33 East Hills Drive #33, New Canaan, CT, 06840
Why Invest in New Canaan, Connecticut?
Investing in New Canaan, CT offers unique opportunities, especially for those looking into multifamily properties. The town boasts a strong demand for rental properties with an average rental yield that appeals to savvy investors. With a stable economy and low unemployment rate, you can expect consistent cash flow and potential appreciation in property values.
8%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$2000/mo
Avg. Cash Flow
$3500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in New Canaan is approximately $3,500 per month, making it competitive in the higher rental market.
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