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

$ 454,900
ROI
19.9
Cash Flow/m
13- 2 Bed
- 2 Bath
- 1503 sft
9 Lilac Lane #9, Prospect, CT, 06712

Currently Rented
$ 405,000
ROI
28.8
Cash Flow/m
1013- 2 Bed
- 2 Bath
- 1710 sft
5 Boulderbrook Court #52, Prospect, CT, 06712

$ 549,000
ROI
21.7
Cash Flow/m
244- 3 Bed
- 3 Bath
- 2058 sft
11 Poplar Drive #11, Prospect, CT, 06712

$ 270,700
ROI
22.0
Cash Flow/m
171- 2 Bed
- 2 Bath
- 1219 sft
31 Tamarack Court #31, Prospect, CT, 06712
Why Invest in Prospect, Connecticut?
Investing in condos in Connecticut offers tremendous potential for passive income and appreciation. With an average cap rate of 6.5%, investors can expect strong returns, alongside a stable rental yield of around 7%. This attractive market also sees a respectable appreciation rate of 4% annually, making it a solid choice for long-term investment.
12%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$1500/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Condos in Connecticut provide a unique investment opportunity with decent rental yields and steady appreciation. With a strong job market, the demand for rental properties remains high.
Find Your Perfect Investment Property in Prospect, Connecticut
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