Under $300K Investment Properties for Sale in Watertown, CT

Property at 53 Merrimac Street, Watertown, CT
Listed for sale 1 day ago
$ 220,000
ROI
29.1ROI percentage
Cash Flow/m
Dollar sign572
  • 1 Bed
  • 1 Bath
  • 559 sft
53 Merrimac Street, Watertown, CT, 06779
Property at 136 Bamford Avenue, Watertown, CT
$ 300,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign602
  • 3 Bed
  • 1 Bath
  • 1148 sft
136 Bamford Avenue, Watertown, CT, 06779
Property at 282 Sunnyside Avenue, Watertown, CT
$ 299,500
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign62
  • 4 Bed
  • 2 Bath
  • 1693 sft
282 Sunnyside Avenue, Watertown, CT, 06779
Property at 54 Buckingham Street, Watertown, CT
$ 235,900
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign88
  • 2 Bed
  • 2 Bath
  • 856 sft
54 Buckingham Street, Watertown, CT, 06779

Why Invest in Watertown, Connecticut?

Investing in properties under $300k in Watertown, CT provides a unique opportunity for buyers looking for affordable housing options. With favorable market dynamics, average rental yields of around 6% and a cap rate of 8%, investors can anticipate steady cash flow in this charming town. The local real estate market continues to appreciate with a healthy demand for rental properties, making it an ideal choice for investment.

12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Average home prices in Watertown, CT typically range under $300k, making it an attractive market for first-time buyers and investors alike.

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