Condo Investment Properties in Salem, CT | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Salem, CT

Property at 65 Horse Pond Road APT G, Salem, CT
$ 145,500
ROI
37.9ROI percentage
Cash Flow/m
Dollar sign736
  • 2 Bed
  • 1 Bath
  • 840 sft
65 Horse Pond Road APT G, Salem, CT, 06420
Property at 306 Old Colchester Rd #79, Salem, CT
$ 136,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign145
  • 1 Bed
  • 1 Bath
  • 800 sft
306 Old Colchester Rd #79, Salem, CT, 06420
Property at 105 Horse Pond Road APT C, Salem, CT
Fix & Flip
$ 135,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign100
  • 2 Bed
  • 1 Bath
  • 840 sft
105 Horse Pond Road APT C, Salem, CT, 06420
Property at 103 Horse Pond Road #D, Salem, CT
Fix & Flip
$ 137,900
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign152
  • 1 Bed
  • 1 Bath
  • 714 sft
103 Horse Pond Road #D, Salem, CT, 06420

Why Invest in Salem, Connecticut?

Investing in condos in Connecticut offers a unique opportunity due to its stable housing market and attractive rental yields. Condo investments can provide an average ROI of 8%, alongside a significant cash flow potential with average monthly rents around $1,800. The renter-occupied rate is approximately 30%, indicating healthy demand in the rental sector.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average price for a condo in Connecticut typically ranges from $250,000 to $400,000, depending on the location and amenities offered.

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