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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
$ 119,900
ROI
22.6
Cash Flow/m
96- 2 Bed
- 1 Bath
- 896 sft
325 Kelly Road LOT R16, Vernon, CT, 06066
$ 134,999
ROI
23.5Cash Flow/m
142- 2 Bed
- 1 Bath
- 784 sft
325 Kelly Road LOT M14, Vernon, CT, 06066
$ 174,900
ROI
24.2Cash Flow/m
216- 1 Bed
- 1 Bath
- 649 sft
165 South Street #46, Vernon, CT, 06066
$ 195,000
ROI
21.7Cash Flow/m
103- 2 Bed
- 2 Bath
- 1004 sft
16 Vernon Avenue #50, Vernon, CT, 06066
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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