Under $500K 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
$ 324,900
ROI
28.5Cash Flow/m
790- 2 Bed
- 1 Bath
- 1440 sft
31 Barbara Road, Vernon, CT, 06066
$ 375,000
ROI
21.2Cash Flow/m
154- 3 Bed
- 2 Bath
- 1302 sft
60 Hartl Drive, Vernon, CT, 06066
Fix & Flip
$ 374,900
ROI
25.0Cash Flow/m
544- 4 Bed
- 2 Bath
- 1440 sft
16 Gardner Road, 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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