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 386 Bayonet Street, New London, CT
Fix & Flip
Listed for sale 3 days ago
$ 139,999
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign121
  • 2 Bed
  • 1 Bath
  • 750 sft
386 Bayonet Street, New London, CT, 06320
Property at 240 Crystal Avenue, New London, CT
$ 245,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign99
  • 3 Bed
  • 2 Bath
  • 1504 sft
240 Crystal Avenue, New London, CT, 06320
Property at 20 Sander Street, New London, CT
$ 285,000
ROI
29.6ROI percentage
Cash Flow/m
Dollar sign780
  • 2 Bed
  • 1 Bath
  • 912 sft
20 Sander Street, New London, CT, 06320
Property at 50 Crest Street, New London, CT
$ 225,000
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign84
  • 2 Bed
  • 2 Bath
  • 792 sft
50 Crest 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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