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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in New London, CT
Currently Rented
Fix & Flip
Rental Income
$ 285,000
ROI
30.3
Cash Flow/m
837- 5 Bed
- 3 Bath
- 2904 sft
119 Jefferson Avenue, New London, CT, 06320
Rental Income
$ 275,000
ROI
28.3Cash Flow/m
652- 3 Bed
- 1 Bath
- 1080 sft
387 Jefferson Avenue, New London, CT, 06320
Rental Income
$ 275,000
ROI
28.3Cash Flow/m
652- 3 Bed
- 1 Bath
- 960 sft
373 Jefferson Avenue, New London, CT, 06320
$ 224,900
ROI
20.2Cash Flow/m
28- 4 Bed
- 2 Bath
- 2506 sft
60 Jay Street, New London, CT, 06320
Why Invest in New London, Connecticut?
Investing in New London, CT, offers numerous opportunities, especially for properties priced under $300k. With a growing rental market and affordable entry points, investors can expect competitive returns and rental yields averaging around 7%. The city benefits from a strategic location on Long Island Sound, enhancing its appeal for both renters and buyers alike.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in New London is approximately $1,800 per month. This competitive rate makes it an attractive option for renters and investors alike.
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