Investment Properties Under $200K in Vernon, CT | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Vernon, CT

Why Invest in Vernon, Connecticut?

Investing in Vernon, CT, offers opportunities for properties under $200k, making it accessible for first-time investors. The area's competitive rental market has an average rental yield of 7% and steady appreciation rates of 4% annually. Additionally, the low vacancy rate of 3% enhances the potential for consistent cash flow.

12%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

In Vernon, you can find a variety of properties including single-family homes and condos priced under $200k. These properties often offer good rental income potential due to the area's strong rental demand.

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