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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 5 days ago
$ 359,900
ROI
25.6
Cash Flow/m
588- 3 Bed
- 2 Bath
- 1200 sft
2 Vine Drive, Vernon, CT, 06066
$ 272,000
ROI
31.1Cash Flow/m
857- 2 Bed
- 2 Bath
- 1512 sft
99 Davis Avenue Extension, Vernon, CT, 06066
$ 299,900
ROI
29.7Cash Flow/m
829- 3 Bed
- 1 Bath
- 912 sft
14 Wilson Lane, Vernon, CT, 06066
$ 239,900
ROI
23.2Cash Flow/m
230- 3 Bed
- 1 Bath
- 944 sft
15 Terrace Drive, 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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