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

Farmington, CT has a median modeled monthly cash flow of $-1,180 and a median cap rate of 3.3%, on a median sold price of $474,500. Prices changed +4.4% year over year.

What is the average cap rate in Farmington, CT?

The median cap rate across recently sold homes in Farmington, CT is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Farmington, CT?

The median sold price in Farmington, CT is $474,500 (about $250 per square foot).

Investing in Farmington, CT Real Estate

A data-driven snapshot of the Farmington, 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.

$474,500Median sold price

$250Median $/sqft

3.3%Median cap rate

$-1,180Modeled cash flow / mo

+4.4%Appreciation YoY

6.8Months of supply

163Active listings

286Sold (last 12 mo)

What the Farmington numbers say

In Farmington, CT, the median home sold for $474,500 (about $250 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,180 of monthly cash flow. Sold prices moved +4.4% over the past year. Inventory sits at about 6.8 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 Farmington cash-flowing listings

CashFlowRE ranks every for-sale home in Farmington, 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 Farmington deals, or browse the national market data.