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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Old Lyme, CT

$ 429,000
ROI
20.5
Cash Flow/m
85- 3 Bed
- 1 Bath
- 1215 sft
1 Gamma Avenue, 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

Fix & Flip
$ 349,900
ROI
26.0
Cash Flow/m
611- 3 Bed
- 1 Bath
- 960 sft
12 Pickerel Cove Trail, Old Lyme, CT, 06371

$ 399,900
ROI
21.4
Cash Flow/m
178- 2 Bed
- 1 Bath
- 624 sft
78-A Hartford Avenue #78A, Old Lyme, CT, 06371
Why Invest in Old Lyme, Connecticut?
Investing in real estate properties under $500k in Connecticut offers a unique opportunity. With a stable rental market and strong community growth, properties in this price range can provide solid returns. Investors can expect attractive rental yields, reasonable cap rates, and an overall positive cash flow.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Connecticut, you can find a range of properties under $500k including single-family homes, townhouses, and smaller multi-family units. These properties often make for excellent investment opportunities.
Find Your Perfect Investment Property in Old Lyme, Connecticut
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