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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 3 days ago
$ 259,900
ROI
21.1
Cash Flow/m
94- 2 Bed
- 1 Bath
- 884 sft
17 Auburn Street, Putnam, CT, 06260
$ 289,000
ROI
22.9Cash Flow/m
254- 3 Bed
- 1 Bath
- 1056 sft
55 Battey Street, Putnam, CT, 06260
$ 240,000
ROI
23.2Cash Flow/m
229- 2 Bed
- 1 Bath
- 1200 sft
26 King Street, Putnam, CT, 06260
$ 279,999
ROI
24.8Cash Flow/m
396- 3 Bed
- 1 Bath
- 1344 sft
259 Church 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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