Under $200K Investment Properties for Sale in Vernon, CT
$ 169,900
ROI
23.4
Cash Flow/m
170- 2 Bed
- 1 Bath
- 962 sft
565 Talcottville Road #1C6, Vernon, CT, 06066
$ 185,000
ROI
20.0Cash Flow/m
11- 2 Bed
- 2 Bath
- 910 sft
201 Regan Road #30A, Vernon, CT, 06066
Rental Income
$ 129,900
ROI
22.6Cash Flow/m
103- 1 Bed
- 1 Bath
- 695 sft
201 Regan Road #21D, Vernon, CT, 06066
$ 119,900
ROI
22.6Cash Flow/m
96- 2 Bed
- 1 Bath
- 896 sft
325 Kelly Road LOT R16, 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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