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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Putnam, CT
Listed for sale 1 day ago
$ 200,000
ROI
26.1
Cash Flow/m
354- 3 Bed
- 2 Bath
- 2684 sft
245 School Street, Putnam, CT, 06260
Listed for sale 7 days ago
$ 280,000
ROI
20.2Cash Flow/m
37- 2 Bed
- 2 Bath
- 1088 sft
18 Ballou St APT 2, Putnam, CT, 06260
Rental Income
$ 264,900
ROI
20.6Cash Flow/m
60- 6 Bed
- 2 Bath
- 1993 sft
21-23 George Street, Putnam, CT, 06260
$ 270,000
ROI
20.8Cash Flow/m
78- 3 Bed
- 2 Bath
- 1836 sft
9 Hammond Street, Putnam, CT, 06260
Why Invest in Putnam, Connecticut?
Investing in Putnam, CT, a growing town with properties under $300,000, offers unique opportunities for new investors. With an average rental yield of around 6%, and a favorable cap rate reflecting the area's improved rental dynamics, this location is ideal for gaining steady cash flow. Considered a hidden gem in Connecticut, Putnam boasts an affordable market for first-time investors looking for promising returns.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Putnam, CT is around $280,000, making it a competitive market for those seeking affordable investment properties.
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