Investment Properties Under $500K in Old Lyme, CT | Ziffy.ai
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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

Property at 70 Browns Lane, Old Lyme, CT
Airbnb Potential
Listed for sale 5 days ago
$ 359,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign612
  • 2 Bed
  • 2 Bath
  • 911 sft
70 Browns Lane, Old Lyme, CT, 06371
Property at 17 Pickerel Cove Trail, Old Lyme, CT
$ 275,000
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign515
  • 2 Bed
  • 1 Bath
  • 960 sft
17 Pickerel Cove Trail, Old Lyme, CT, 06371
Property at 35 Oakridge Drive, Old Lyme, CT
Fix & Flip
$ 399,900
ROI
27.5ROI percentage
Cash Flow/m
Dollar sign858
  • 4 Bed
  • 2 Bath
  • 1900 sft
35 Oakridge Drive, Old Lyme, CT, 06371
Property at 5 Blackwell Road, Old Lyme, CT
Airbnb Potential
$ 365,000
ROI
27.4ROI percentage
Cash Flow/m
Dollar sign776
  • 3 Bed
  • 2 Bath
  • 1056 sft
5 Blackwell Road, 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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