REI Lense

REI Lense

Manchester, CT Long-Term Rental Analysis

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

Manchester, CT Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

4.8%

Avg Cash on Cash

-7.6%

Median Cashflow

-$586/mo

Avg Rent Estimate

$2,852/mo

Avg Price

$387,345

Price Range

$280,800 - $555,900

Rent to Price

0.74%

low ratio

Positive Cashflow

9%

of analyzed properties

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

Manchester, CT is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.8%, 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 Manchester, CT is -$586 with average rents of $2,852/month. Properties range from $280,800 to $555,900, offering entry points across multiple investment budgets.

143 Barry Rd, Manchester, CT 06042

Price

$324,500

Rent

$2,669

CachFlow

-$308

CoC

-5.42

Full Analysis

599 Spring Street, Manchester, CT 06040

Price

$555,900

Rent

$3,356

CachFlow

-$1,479

CoC

-15.2

Full Analysis

61 Bruce Rd, Manchester, CT 06040

Price

$473,800

Rent

$3,446

CachFlow

-$737

CoC

-8.89

Full Analysis

5 Parker Street, Manchester, CT 06040

Price

$366,700

Rent

$2,699

CachFlow

-$466

CoC

-7.26

Full Analysis

112 Battista Rd, Manchester, CT 06040

Price

$417,500

Rent

$2,844

CachFlow

-$799

CoC

-10.94

Full Analysis
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Manchester, CT Rental Market Insights

  • •Median cashflow is -$586/month — careful deal selection is essential here
  • •4.8% median cap rate is typical of appreciation-focused markets
  • •At 9% positive cashflow rate, Manchester, CT requires selective property picks
  • •Mid-to-upper tier market with properties from $280,800 to $555,900
  • •Consider this market if your strategy favors equity growth with rental income covering holding costs

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