Condo Investment Properties in New London, CT | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in New London, CT

Property at 7 Coit Street #2, New London, CT
$ 190,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign140
  • 3 Bed
  • 1 Bath
  • 1194 sft
7 Coit Street #2, New London, CT, 06320
Property at 461 Bank Street #302, New London, CT
$ 349,900
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign64
  • 2 Bed
  • 2 Bath
  • 1595 sft
461 Bank Street #302, New London, CT, 06320
Property at 292 Pequot Avenue #2G, New London, CT
$ 195,888
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign175
  • 1 Bed
  • 1 Bath
  • 722 sft
292 Pequot Avenue #2G, New London, CT, 06320
Property at 70 Farmington Ave Unit 4D, New London, CT
$ 145,000
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign163
  • 2 Bed
  • 2 Bath
  • 970 sft
70 Farmington Ave Unit 4D, New London, CT, 06320

Why Invest in New London, Connecticut?

Investing in condos in New London, CT, presents a unique opportunity for growth. With a rental yield averaging around 5.5% and a cap rate of approximately 7%, this location is appealing for investors looking for steady cash flow. The real estate market here showcases consistent appreciation trends, making it an excellent choice for long-term investment.

10%
Avg. ROI
5.5%
Rental Yield
7%
Cap Rate
$800/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rental price for condos in New London, CT, is approximately $1,500 per month, which is competitive in the current market.

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