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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 3 days ago
$ 475,000
ROI
20.7
Cash Flow/m
122- 4 Bed
- 3 Bath
- 2681 sft
139 Warren Avenue, Vernon, CT, 06066
Listed for sale 3 days ago
$ 333,000
ROI
25.9Cash Flow/m
565- 3 Bed
- 3 Bath
- 1448 sft
6 Rheel Street, Vernon, CT, 06066
Listed for sale 3 days ago
$ 259,900
ROI
21.6Cash Flow/m
134- 2 Bed
- 2 Bath
- 1063 sft
60 Old Town Road #190, Vernon, CT, 06066
Listed for sale 4 days ago
$ 399,900
ROI
28.1Cash Flow/m
926- 4 Bed
- 2 Bath
- 2016 sft
22 Warren Avenue, 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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