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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Thomaston, CT

$ 185,000
ROI
20.1
Cash Flow/m
16- 2 Bed
- 2 Bath
- 960 sft
2 Branch Road APT 5A, Thomaston, CT, 06787

$ 150,000
ROI
22.4
Cash Flow/m
110- 3 Bed
- 2 Bath
- 1504 sft
150 Jackson Street, Thomaston, CT, 06787

$ 195,000
ROI
24.7
Cash Flow/m
270- 2 Bed
- 2 Bath
- 1088 sft
143 Pine Hill Rd UNIT 8B, Thomaston, CT, 06787

$ 180,000
ROI
20.8
Cash Flow/m
54- 2 Bed
- 2 Bath
- 960 sft
2 Branch Rd APT 1A, Thomaston, CT, 06787
Why Invest in Thomaston, Connecticut?
Investing in Thomaston, CT, offers a unique opportunity to acquire properties under $200k in a town with a welcoming community and good access to local amenities. The low median home prices in this area, combined with a steady rental demand, provide strong passive income potential for investors. With an average rental yield of approximately 7% and an appreciation rate that has shown positive trends, Thomaston is a compelling choice for budget-conscious investors.
9%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Thomaston, CT, is approximately $1,200 per month, which offers a good return potential for investors looking to rent out properties.
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