Investment Properties Under $300K in New London, CT | Ziffy.ai
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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

Property at 15 Warren Street, New London, CT
Listed for sale 6 days ago
$ 299,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign488
  • 3 Bed
  • 2 Bath
  • 2112 sft
15 Warren Street, New London, CT, 06320
Property at 130 Norwood Avenue, New London, CT
Listed for sale 6 days ago
$ 289,000
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign545
  • 4 Bed
  • 2 Bath
  • 2070 sft
130 Norwood Avenue, New London, CT, 06320
Property at 18 Phillips Street, New London, CT
$ 285,000
ROI
30.9ROI percentage
Cash Flow/m
Dollar sign887
  • 2 Bed
  • 2 Bath
  • 1630 sft
18 Phillips Street, New London, CT, 06320
Property at 85 Ledyard Street, New London, CT
$ 150,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign117
  • 3 Bed
  • 1 Bath
  • 1330 sft
85 Ledyard 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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