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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Newington, CT
Listed for sale 5 days ago
$ 304,900
ROI
20.9
Cash Flow/m
99- 2 Bed
- 3 Bath
- 1344 sft
55 Cortland Way #55, Newington, CT, 06111
$ 299,999
ROI
28.6Cash Flow/m
737- 2 Bed
- 1 Bath
- 1165 sft
495 New Britain Ave, Newington, CT, 06111
$ 369,900
ROI
25.6Cash Flow/m
607- 3 Bed
- 3 Bath
- 2604 sft
70 Foster Street, Newington, CT, 06111
$ 399,900
ROI
23.4Cash Flow/m
403- 3 Bed
- 1 Bath
- 1732 sft
22 Mohawk Circle, Newington, CT, 06111
Why Invest in Newington, Connecticut?
Newington, CT offers a unique real estate opportunity for investors looking for homes under $500k. With an average rent of $1,800 and a rental yield of 6.5%, the area's potential for cash flow is promising. Investors can also benefit from a decent appreciation rate of 3%, which adds to its attractiveness.
7.5%
Avg. ROI
6.5%
Rental Yield
5.2%
Cap Rate
$200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average home price in Newington is around $400k, making it an attractive location for affordable real estate investment.
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