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

Multi Family Investment Properties for Sale in New London, CT

Property at 57 Garfield Avenue, New London, CT
Currently Rented
Listed for sale 5 days ago
$ 350,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign577
  • 4 Bed
  • 2 Bath
  • 2244 sft
57 Garfield Avenue, New London, CT, 06320
Property at 30 Chappell Street, New London, CT
Fix & Flip
Listed for sale 5 days ago
$ 260,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign327
  • 5 Bed
  • 3 Bath
  • 2000 sft
30 Chappell Street, New London, CT, 06320
Property at 49 Chappell Street, New London, CT
Listed for sale 7 days ago
$ 550,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign643
  • 8 Bed
  • 1 Bath
  • 5000 sft
49 Chappell Street, New London, CT, 06320
Property at 5 Manwaring Street, New London, CT
Listed for sale 7 days ago
$ 249,900
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign473
  • 3 Bed
  • 2 Bath
  • 1768 sft
5 Manwaring Street, New London, CT, 06320

Why Invest in New London, Connecticut?

Investing in multifamily properties in Connecticut can be a lucrative opportunity. The state has shown stable rental demand and a robust job market, with many renters seeking affordable housing options. With a rental yield of approximately 7% and a competitive cap rate of 6.5%, now is a great time to consider multifamily investments in this area.

10%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$1500/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rent for multifamily units in Connecticut is approximately $2,000, depending on location and amenities.

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