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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

$ 499,900
ROI
22.1
Cash Flow/m
329- 3 Bed
- 2 Bath
- 1960 sft
65 Grassy Hill Road, Old Lyme, CT, 06371

Fix & Flip
$ 267,500
ROI
30.7
Cash Flow/m
816- 3 Bed
- 1 Bath
- 888 sft
203 Boston Post Road, Old Lyme, CT, 06371

$ 250,900
ROI
35.1
Cash Flow/m
1068- 2 Bed
- 2 Bath
- 1476 sft
125 Shore Rd, Old Lyme, CT, 06371

Fix & Flip
$ 320,000
ROI
22.3
Cash Flow/m
226- 2 Bed
- 1 Bath
- 684 sft
7 Katherine 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.
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