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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 1 day ago
$ 319,000
ROI
21.1
Cash Flow/m
122- 3 Bed
- 1 Bath
- 1094 sft
38 Kenwood Drive, Vernon, CT, 06066
Listed for sale 4 days ago
$ 389,900
ROI
28.1Cash Flow/m
900- 3 Bed
- 2 Bath
- 1582 sft
30 Kanter Drive, Vernon, CT, 06066
Listed for sale 6 days ago
$ 349,000
ROI
31.0Cash Flow/m
1092- 3 Bed
- 3 Bath
- 1388 sft
69 Discovery Road, Vernon, CT, 06066
Listed for sale 7 days ago
$ 185,000
ROI
20.0Cash Flow/m
11- 2 Bed
- 2 Bath
- 910 sft
201 Regan Road #30A, 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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