Meriden, CT Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Meriden, CT. Based on 10+ datapoints.
Meriden, CT Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-10.8%
Median Cashflow
-$597/mo
Avg Rent Estimate
$2,686/mo
Avg Price
$382,689
Price Range
$313,000 - $501,300
Rent to Price
0.7%
low ratio
Positive Cashflow
11%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Meriden, CT
Meriden, CT is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, 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 Meriden, CT is -$597 with average rents of $2,686/month. Properties range from $313,000 to $501,300, offering entry points across multiple investment budgets.
Meriden, CT Rental Market Insights
- •Median cashflow is -$597/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 11% positive cashflow rate, Meriden, CT requires selective property picks
- •Mid-to-upper tier market with properties from $313,000 to $501,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs