Under $200K Investment Properties for Sale in Torrington, CT
74- 2 Bed
- 2 Bath
- 1391 sft
525- 4 Bed
- 2 Bath
- 1373 sft
123- 1 Bed
- 1 Bath
- 550 sft
321- 4 Bed
- 2 Bath
- 1886 sft
Why Invest in Torrington, Connecticut?
Torrington, CT offers strong investment potential in homes **under $200k**, targeting affordable entry points in a market with rising values. Limited inventory and steady appreciation around 4% annually create opportunities for cash-flow positive properties. Rental demand remains robust with renter-occupied rates near 40%, supported by local employment. Cap rates in this segment can reach 7-8% for well-positioned fixer-uppers. Recent migration from higher-cost areas boosts long-term upside.
Frequently Asked Questions
Yes, though inventory is limited, properties under $200k often include fixer-uppers or condos in established neighborhoods. These appeal to investors seeking value-add opportunities. Demand remains strong due to affordability compared to state averages.
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