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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
Fix & Flip
Listed for sale 1 day ago
$ 260,000
ROI
20.1
Cash Flow/m
27- 3 Bed
- 2 Bath
- 1568 sft
242 Crystal Avenue, New London, CT, 06320
Listed for sale 1 day ago
$ 279,900
ROI
27.7Cash Flow/m
618- 3 Bed
- 1 Bath
- 1274 sft
118 Blackhall Street, New London, CT, 06320
$ 190,000
ROI
22.4Cash Flow/m
140- 3 Bed
- 1 Bath
- 1194 sft
7 Coit Street #2, New London, CT, 06320
Rental Income
$ 199,900
ROI
23.4Cash Flow/m
205- 2 Bed
- 1 Bath
- 989 sft
38 Robinson 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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