Is Derby, CT a good place to invest in rental property?

Derby, CT has a median modeled monthly cash flow of $-558 and a median cap rate of 4.3%, on a median sold price of $365,000. Prices changed +4.6% year over year.

What is the average cap rate in Derby, CT?

The median cap rate across recently sold homes in Derby, CT is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Derby, CT?

The median sold price in Derby, CT is $365,000 (about $227 per square foot).

Investing in Derby, CT Real Estate

A data-driven snapshot of the Derby, CT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$365,000Median sold price

$227Median $/sqft

4.3%Median cap rate

$-558Modeled cash flow / mo

+4.6%Appreciation YoY

7.0Months of supply

73Active listings

126Sold (last 12 mo)

What the Derby numbers say

In Derby, CT, the median home sold for $365,000 (about $227 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-558 of monthly cash flow. Sold prices moved +4.6% over the past year. Inventory sits at about 7.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Connecticut markets to compare

See Derby cash-flowing listings

CashFlowRE ranks every for-sale home in Derby, CT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Derby deals, or browse the national market data.