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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 1 day ago
$ 385,000
ROI
25.4Cash Flow/m
604- 6 Bed
- 2 Bath
- 2375 sft
55 Mechanics Street, Putnam, CT, 06260
Listed for sale 2 days ago
$ 499,900
ROI
21.9Cash Flow/m
293- 3 Bed
- 3 Bath
- 2148 sft
394 Killingly Avenue, 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
Why Invest in Putnam, Connecticut?
Investing in Putnam, CT offers an excellent opportunity for properties under $500k. With an average cash flow that appeals to first-time investors and a growing rental demand, it creates a competitive edge in the market. The city boasts steady appreciation and a moderate cap rate, highlighting its investment potential.
8%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Putnam, CT, properties are typically priced under $500k, making it accessible for first-time investors. The market offers a variety of options suitable for different budgets.
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