Under $300K Investment Properties for Sale in Old Lyme, CT

$ 300,000
ROI
23.6
Cash Flow/m
320- 2 Bed
- 1 Bath
- 624 sft
78-1 Hartford Avenue #78-1, Old Lyme, CT, 06371

Fix & Flip
$ 169,900
ROI
22.8
Cash Flow/m
144- 2 Bed
- 1 Bath
- 864 sft
44 Boughton Road, Old Lyme, CT, 06371

$ 275,000
ROI
26.5
Cash Flow/m
515- 2 Bed
- 1 Bath
- 960 sft
17 Pickerel Cove Trail, Old Lyme, CT, 06371

$ 275,000
ROI
19.9
Cash Flow/m
7- 3 Bed
- 1 Bath
- 936 sft
51 Rogers Lake Trail, Old Lyme, CT, 06371
Why Invest in Old Lyme, Connecticut?
Investing in Old Lyme, CT, provides an excellent opportunity for those looking for properties under $300k. With a serene atmosphere and proximity to beautiful beaches, this small town boasts favorable market conditions that can yield strong returns for investors. The area's steady rental income and potential for appreciation make it a desirable location for both new and seasoned investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
You can find single-family homes, townhouses, and smaller condos in Old Lyme for under $300k, making it ideal for first-time investors.
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