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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Plainville, CT
Listed for sale 1 day ago
$ 244,900
ROI
25.6
Cash Flow/m
401- 2 Bed
- 2 Bath
- 1112 sft
42 Northampton Lane #42, Plainville, CT, 06062
$ 249,900
ROI
23.6Cash Flow/m
267- 2 Bed
- 2 Bath
- 1152 sft
19 Cody Avenue #B6, Plainville, CT, 06062
$ 249,900
ROI
22.0Cash Flow/m
159- 2 Bed
- 2 Bath
- 1112 sft
50 Northampton Lane #50, Plainville, CT, 06062
$ 379,900
ROI
23.4Cash Flow/m
390- 2 Bed
- 2 Bath
- 1109 sft
52 Forshaw Avenue #52, Plainville, CT, 06062
Why Invest in Plainville, Connecticut?
Investing in Plainville, CT's condo market provides a unique opportunity to tap into a stable rental income. The local market showcases an average rental yield of around 6% coupled with a commendable cap rate of 8%, ensuring robust cash flow. With steady appreciation rates and a renter-occupied statistic nearing 60%, now is a prime time to consider condos in this growing area.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average condo prices in Plainville, CT range from $180,000 to $250,000, making it an affordable option for investors. This price point draws both first-time homebuyers and seasoned investors.
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