Investment Properties for Sale in Vernon, CT
$ 169,900
ROI
23.4
Cash Flow/m
170- 2 Bed
- 1 Bath
- 962 sft
565 Talcottville Road #1C6, Vernon, CT, 06066
$ 324,900
ROI
28.5Cash Flow/m
790- 2 Bed
- 1 Bath
- 1440 sft
31 Barbara Road, Vernon, CT, 06066
$ 375,000
ROI
21.2Cash Flow/m
154- 3 Bed
- 2 Bath
- 1302 sft
60 Hartl Drive, Vernon, CT, 06066
Fix & Flip
$ 374,900
ROI
25.0Cash Flow/m
544- 4 Bed
- 2 Bath
- 1440 sft
16 Gardner Road, Vernon, CT, 06066
Why Invest in Vernon, Connecticut?
Investing in Vernon, CT can offer significant opportunities, especially for those interested in rental properties. The rental market is stable, with an average rent of around $1,500, providing a good baseline for consistent cash flow. With a comparative cap rate of 7% and a rental yield of 8%, the prospects for low-risk investment are promising.
8%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Vernon is approximately $1,500, making it accessible for many residents. The rental market is relatively stable and has shown positive growth trends.
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