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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Short Term Rental Investment Properties for Sale in Old Lyme, CT
Airbnb Potential
Listed for sale 5 days ago
$ 359,000
ROI
25.9
Cash Flow/m
612- 2 Bed
- 2 Bath
- 911 sft
70 Browns Lane, Old Lyme, CT, 06371
Airbnb Potential
$ 365,000
ROI
27.4Cash Flow/m
776- 3 Bed
- 2 Bath
- 1056 sft
5 Blackwell Road, Old Lyme, CT, 06371
Airbnb Potential
$ 499,000
ROI
21.3Cash Flow/m
210- 4 Bed
- 2 Bath
- 1212 sft
301 Hartford Avenue, Old Lyme, CT, 06371
Airbnb Potential
$ 597,500
ROI
26.4Cash Flow/m
1040- 5 Bed
- 3 Bath
- 2787 sft
4 Jean Drive, Old Lyme, CT, 06371
Why Invest in Old Lyme, Connecticut?
Investing in short-term rentals in Old Lyme, CT can be a lucrative opportunity. With its growing popularity as a tourist destination, rental properties in this area can yield significant returns. The average rental yield is approximately 6%, paired with an attractive cap rate of around 7%, making it an ideal location for savvy investors.
12%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for short-term rentals in Old Lyme is approximately $2,500 per month, depending on the property type and location.
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