Under $300K 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
$ 265,000
ROI
22.2Cash Flow/m
180- 2 Bed
- 2 Bath
- 1100 sft
60 Old Town Road #53, Vernon, CT, 06066
$ 299,900
ROI
30.2Cash Flow/m
875- 3 Bed
- 1 Bath
- 1117 sft
173 Elm Hill Road, Vernon, CT, 06066
$ 220,000
ROI
25.7Cash Flow/m
365- 3 Bed
- 1 Bath
- 1459 sft
36 Hale St Extension, Vernon, CT, 06066
Why Invest in Vernon, Connecticut?
Investing in Vernon, CT offers unique opportunities, especially for properties under $300k. With a median home price significantly lower than nearby regions, you can find comfortable and affordable options, contributing to a strong rental market with a growing demand for rentals. The area's low vacancy rates and potential for appreciation make it an attractive choice for savvy investors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Vernon, you can find a variety of properties including single-family homes, townhouses, and smaller multi-family units. Many of these properties are affordable and appeal to first-time buyers and investors alike.
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