Condo Investment Properties for Sale in Waterford, CT
Listed for sale 3 days ago
$ 275,000
ROI
20.5
Cash Flow/m
59- 2 Bed
- 3 Bath
- 1341 sft
54 Rope Ferry Road #A15, Waterford, CT, 06385
$ 350,000
ROI
22.6Cash Flow/m
280- 2 Bed
- 3 Bath
- 1272 sft
310 Boston Post Road #60, Waterford, CT, 06385
$ 265,000
ROI
20.4Cash Flow/m
44- 1 Bed
- 1 Bath
- 1634 sft
54 Rope Ferry Road #B39, Waterford, CT, 06385
$ 350,000
ROI
22.3Cash Flow/m
248- 2 Bed
- 2 Bath
- 726 sft
54 Rope Ferry Road #A3, Waterford, CT, 06385
Why Invest in Waterford, Connecticut?
Investing in condos in Connecticut offers a unique opportunity due to the state's strong housing demand and steady rental yields. With an average rental growth of about 4% annually, these properties are attractive to both investors and renters alike. The favorable cap rates of 6.5% and consistent appreciation rates further enhance the investment prospects.
8.5%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Currently, the average rental rates for condos in Waterford are around $2,000 a month, which is competitive for the area. This price reflects the strong demand for rental properties in Connecticut.
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