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Updated about 7 years ago on . Most recent reply

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Kiante Macon
  • New Britain, CT
1
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Central CT home rentals

Kiante Macon
  • New Britain, CT
Posted

Digging deep into books, podcast, magazines and what I can to help me to learn, single family homes in Central CT in our urban cities seem to sell for low enough to get good cash flow, does anybody have any in-sight to specifically single family home rentals and how they cash flow?

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Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
619
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1,366
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Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Replied

Maybe Meriden, Bristol, East Hartford, Middletown. Those would be most reasonable cost wise.  If you can stomach it, check out Hartford but the taxes are so sky high...and well...it's Hartford. Same with Waterbury. I like Bridgeport for cash flow but a little further than central. New Haven? The most desirable areas always have the highest real estate prices. The less "desirable"  towns - always have the better the cash flow. You may occasionally find deals in nicer towns, but they will be scarce and you will have major competition. 

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