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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Vernon, CT
Listed for sale today
$ 134,999
ROI
23.9
Cash Flow/m
155- 2 Bed
- 1 Bath
- 784 sft
325 Kelly Road LOT M14, Vernon, CT, 06066
Listed for sale 2 days ago
$ 250,000
ROI
27.4Cash Flow/m
533- 10 Bed
- 5 Bath
- 3677 sft
33 Talcott Avenue, Vernon, CT, 06066
Listed for sale 3 days ago
$ 384,900
ROI
21.8Cash Flow/m
219- 2 Bed
- 2 Bath
- 1634 sft
34 Sunrise Drive, Vernon, CT, 06066
$ 179,000
ROI
24.4Cash Flow/m
229- 2 Bed
- 1 Bath
- 980 sft
165 South Street #6, Vernon, CT, 06066
Why Invest in Vernon, Connecticut?
Investing in Vernon, CT, particularly in properties under $500k, offers opportunities in a growing market. The town boasts a stable rental demand and an average rental yield of around 6% that is attractive for new investors. With consistent appreciation rates and a high percentage of renter-occupied homes, Vernon is becoming a favorable location for real estate investment.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Vernon, CT, is approximately 6%, making it an attractive market for real estate investors looking for good returns.
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