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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

Listed for sale 1 day ago
$ 345,000
ROI
25.1
Cash Flow/m
518- 5 Bed
- 2 Bath
- 1716 sft
26 Jefferson Avenue, New London, CT, 06320

Listed for sale 2 days ago
$ 248,000
ROI
24.0
Cash Flow/m
296- 2 Bed
- 1 Bath
- 908 sft
48 Blinman Street #2, New London, CT, 06320

Currently Rented
Listed for sale 5 days ago
$ 350,000
ROI
25.7
Cash Flow/m
577- 4 Bed
- 2 Bath
- 2244 sft
57 Garfield Avenue, New London, CT, 06320

Fix & Flip
Listed for sale 5 days ago
$ 260,000
ROI
24.3
Cash Flow/m
327- 5 Bed
- 3 Bath
- 2000 sft
30 Chappell 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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