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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Vernon, CT
Listed for sale 1 day ago
$ 319,000
ROI
21.1
Cash Flow/m
122- 3 Bed
- 1 Bath
- 1094 sft
38 Kenwood Drive, Vernon, CT, 06066
Listed for sale 4 days ago
$ 389,900
ROI
28.1Cash Flow/m
900- 3 Bed
- 2 Bath
- 1582 sft
30 Kanter Drive, Vernon, CT, 06066
Listed for sale 6 days ago
$ 349,000
ROI
31.0Cash Flow/m
1092- 3 Bed
- 3 Bath
- 1388 sft
69 Discovery Road, Vernon, CT, 06066
Listed for sale 7 days ago
$ 185,000
ROI
20.0Cash Flow/m
11- 2 Bed
- 2 Bath
- 910 sft
201 Regan Road #30A, 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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