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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in New London, CT
Rental Income
Listed for sale 5 days ago
$ 350,000
ROI
26.0
Cash Flow/m
609- 7 Bed
- 4 Bath
- 2040 sft
22 Chappell Street, New London, CT, 06320
Listed for sale 6 days ago
$ 299,000
ROI
25.6Cash Flow/m
488- 3 Bed
- 2 Bath
- 2112 sft
15 Warren Street, New London, CT, 06320
Listed for sale 6 days ago
$ 289,000
ROI
26.5Cash Flow/m
545- 4 Bed
- 2 Bath
- 2070 sft
130 Norwood Avenue, New London, CT, 06320
$ 435,000
ROI
31.5Cash Flow/m
1424- 4 Bed
- 2 Bath
- 2064 sft
14 Rosemary Street, New London, CT, 06320
Why Invest in New London, Connecticut?
Investing in New London, CT offers excellent opportunities, especially for properties priced under $500k. With a diverse economy and substantial rental demand, investors can benefit from steady cash flow and steady appreciation rates. The city’s average rental yield is competitive, making it an attractive market for both new and seasoned investors.
8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
You can find a variety of properties under $500k including single-family homes, townhouses, and some multifamily units. This range offers great potential for both investors and first-time homebuyers.
Find Your Perfect Investment Property in New London, Connecticut
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