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
4.1%
Avg Cash on Cash
-12.3%
Median Cashflow
-$912/mo
Avg Rent Estimate
$2,878/mo
Avg Price
$421,617
Price Range
$300K – $600K
approximate
Rent to Price
0.68%
low ratio
Positive Cashflow
0%
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 4.1%, 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 -$912 with average rents of $2,878/month. Properties are priced about $300,000 to $600,000, offering entry points across multiple investment budgets.
40 Walek Farms Road, Manchester, CT 06040
Price
$456,300
Rent
$2,893
CachFlow
-$1,223
CoC
-15.32
292 Charter Oak Street, Manchester, CT 06040
Price
$423,400
Rent
$2,495
CachFlow
-$1,282
CoC
-17.3
Manchester, CT Rental Market Insights
- Median cashflow is -$912/month — careful deal selection is essential here
- 4.1% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Manchester, CT requires selective property picks
- Mid-to-upper tier market with properties priced about $300,000 to $600,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs