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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 5 days ago
$ 359,900
ROI
25.6
Cash Flow/m
588- 3 Bed
- 2 Bath
- 1200 sft
2 Vine Drive, Vernon, CT, 06066
$ 272,000
ROI
31.1Cash Flow/m
857- 2 Bed
- 2 Bath
- 1512 sft
99 Davis Avenue Extension, Vernon, CT, 06066
$ 299,900
ROI
29.7Cash Flow/m
829- 3 Bed
- 1 Bath
- 912 sft
14 Wilson Lane, Vernon, CT, 06066
$ 239,900
ROI
23.2Cash Flow/m
230- 3 Bed
- 1 Bath
- 944 sft
15 Terrace Drive, 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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