REI Lense

REI Lense

Coventry, CT Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Coventry, CT. Based on 10+ datapoints.

Coventry, CT Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

3.9%

Avg Cash on Cash

-10%

Median Cashflow

-$1,083/mo

Avg Rent Estimate

$3,569/mo

Avg Price

$510,512

Price Range

$385,000 - $572,100

Rent to Price

0.7%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Coventry, CT

Coventry, CT is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.9%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Coventry, CT is -$1,083 with average rents of $3,569/month. Properties range from $385,000 to $572,100, offering entry points across multiple investment budgets.

2865 South Street, Coventry, CT 06238

Price

$559,900

Rent

$2,974

CachFlow

-$1,360

CoC

-13.88

Full Analysis

805 Pucker Street, Coventry, CT 06238

Price

$535,100

Rent

$3,299

CachFlow

-$1,154

CoC

-12.32

Full Analysis

158 Appian Way, Coventry, CT 06238

Price

$841,200

Rent

$4,695

CachFlow

-$2,086

CoC

-14.17

Full Analysis

240 Wrights Mill Rd, Coventry, CT 06238

Price

$488,700

Rent

$3,270

CachFlow

-$669

CoC

-7.82

Full Analysis

141 Hop River Rd, Coventry, CT 06238

Price

$522,200

Rent

$3,159

CachFlow

-$1,012

CoC

-11.07

Full Analysis
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Coventry, CT Rental Market Insights

  • Median cashflow is -$1,083/month — careful deal selection is essential here
  • 3.9% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Coventry, CT requires selective property picks
  • Mid-to-upper tier market with properties from $385,000 to $572,100
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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