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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Somers, CT
Fix & Flip
Listed for sale 3 days ago
$ 299,000
ROI
30.5
Cash Flow/m
890- 3 Bed
- 1 Bath
- 1219 sft
16 Salem Drive, Somers, CT, 06071
Currently Rented
$ 589,900
ROI
28.3Cash Flow/m
1332- 3 Bed
- 3 Bath
- 3287 sft
11 Bradfield Drive, Somers, CT, 06071
$ 499,900
ROI
24.8Cash Flow/m
695- 4 Bed
- 3 Bath
- 2588 sft
522 Springfield Road, Somers, CT, 06071
$ 399,900
ROI
20.7Cash Flow/m
102- 3 Bed
- 2 Bath
- 1630 sft
20 Shaker Road, Somers, CT, 06071
Why Invest in Somers, Connecticut?
Investing in Somers, Connecticut presents a compelling opportunity, especially for those looking for multifamily properties. With a strong rental yield and stable appreciation trends, the market shows promise for long-term investments. Investors benefit from a favorable cap rate and average cash flow that enhances the investment experience in this peaceful community.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Somers, CT is currently around 6.2%. This provides a good return on investment for property owners looking to lease their properties.
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