Investment Properties for Sale in Old Lyme, CT

Property at 4 NOTTINGHAM Drive, Old Lyme, CT
Listed for sale 5 days ago
$ 500,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign238
  • 3 Bed
  • 3 Bath
  • 2116 sft
4 NOTTINGHAM Drive, Old Lyme, CT, 06371
Property at 78-1 Hartford Avenue #78-1, Old Lyme, CT
$ 300,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign320
  • 2 Bed
  • 1 Bath
  • 624 sft
78-1 Hartford Avenue #78-1, Old Lyme, CT, 06371
Property at 44 Boughton Road, Old Lyme, CT
Fix & Flip
$ 169,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign144
  • 2 Bed
  • 1 Bath
  • 864 sft
44 Boughton Road, Old Lyme, CT, 06371
Property at 70 Browns Lane, Old Lyme, CT
Airbnb Potential
$ 359,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign612
  • 2 Bed
  • 2 Bath
  • 911 sft
70 Browns Lane, Old Lyme, CT, 06371

Why Invest in Old Lyme, Connecticut?

Old Lyme, CT presents a unique opportunity for investors looking for steady returns in a serene coastal environment. With median property values appreciating steadily and a rental yield that appeals to many, this town makes for an attractive investment. The community's rich history and strong housing demand support a favorable investment climate.

6%
Avg. ROI
5.5%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Old Lyme, CT is approximately $1,800 per month, which provides a competitive rental yield for investors.

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