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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
$ 229,900
ROI
21.0
Cash Flow/m
82- 3 Bed
- 1 Bath
- 1123 sft
134 East Main Street, Vernon, CT, 06066
$ 319,900
ROI
27.8Cash Flow/m
718- 3 Bed
- 2 Bath
- 1388 sft
130 Grove Street, Vernon, CT, 06066
$ 359,900
ROI
26.0Cash Flow/m
624- 3 Bed
- 3 Bath
- 2103 sft
10 Richard Road, Vernon, CT, 06066
$ 225,000
ROI
20.9Cash Flow/m
72- 4 Bed
- 1 Bath
- 1410 sft
(Undisclosed Address), 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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