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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Salem, CT
$ 511,000
ROI
20.1
Cash Flow/m
10- 3 Bed
- 3 Bath
- 1924 sft
393 Forsyth Rd, Salem, CT, 06420
$ 399,900
ROI
22.0Cash Flow/m
249- 3 Bed
- 2 Bath
- 1318 sft
27 Woodland Drive, Salem, CT, 06420
$ 219,900
ROI
30.4Cash Flow/m
653- 1 Bed
- 1 Bath
- 313 sft
34 Gardner Lake Heights, Salem, CT, 06420
$ 359,900
ROI
23.3Cash Flow/m
354- 3 Bed
- 2 Bath
- 1080 sft
119 Rattlesnake Ledge Road, Salem, CT, 06420
Why Invest in Salem, Connecticut?
Investing in single-family homes in Connecticut presents a unique opportunity for investors. With steady population growth and a robust job market driven by diverse industries, the Connecticut real estate market offers favorable conditions. Average rental yields of around 6% and a stable appreciation rate of 3% make this a viable option for long-term investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investing in single-family homes here can offer stable rental income and property appreciation. The state's diverse economy supports a consistent demand for housing.
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