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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Prospect, CT
Listed for sale 5 days ago
$ 199,900
ROI
23.2
Cash Flow/m
193- 2 Bed
- 1 Bath
- 739 sft
2 Maria Hotchkiss Road, Prospect, CT, 06712
$ 419,900
ROI
23.2Cash Flow/m
406- 5 Bed
- 2 Bath
- 1760 sft
53 Scott Road, Prospect, CT, 06712
$ 629,900
ROI
24.9Cash Flow/m
837- 4 Bed
- 3 Bath
- 3530 sft
77 Melissa Lane, Prospect, CT, 06712
$ 529,900
ROI
24.4Cash Flow/m
633- 4 Bed
- 3 Bath
- 2314 sft
23 Rockridge Terrace, Prospect, CT, 06712
Why Invest in Prospect, Connecticut?
Investing in single-family homes in Connecticut can offer a promising opportunity for steady returns. With current rental yields averaging around 7% and an appreciation rate of 4%, it's a market that continues to attract investors. Furthermore, the average rental price sits at $2,500, providing a solid cash flow for property owners.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental prices in Connecticut are approximately $2,500. This highlights the potential for solid cash flow for investors.
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