Under $500K Investment Properties for Sale in North Grosvenordale, CT
$ 380,000
ROI
22.8
Cash Flow/m
326- 3 Bed
- 1 Bath
- 1064 sft
2 Rachel Drive, North Grosvenordale, CT, 06255
Fix & Flip
$ 399,900
ROI
22.7Cash Flow/m
327- 3 Bed
- 2 Bath
- 1138 sft
243 Fabyan Road, North Grosvenordale, CT, 06255
$ 325,000
ROI
23.3Cash Flow/m
321- 5 Bed
- 2 Bath
- 2040 sft
983 Riverside Drive, North Grosvenordale, CT, 06255
$ 317,000
ROI
26.8Cash Flow/m
618- 3 Bed
- 2 Bath
- 1025 sft
86 Thompson Hill Road, North Grosvenordale, CT, 06255
Why Invest in North Grosvenordale, Connecticut?
Investing in properties under $500k in North Grosvenordale, CT offers a great opportunity for both new and seasoned investors. With an average rental yield of 7% and a strong appreciation rate of 3%, this area presents a promising landscape for potential returns. Low entry points make it easier to diversify portfolios while capitalizing on the increasing demand in rental markets.
12%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
You can find single-family homes and some multifamily properties under $500k. Many of these properties are well-maintained and offer great rental potential.
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