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

Manchester, CT has a median modeled monthly cash flow of $-730 and a median cap rate of 3.8%, on a median sold price of $350,000. Prices changed +3.3% year over year.

What is the average cap rate in Manchester, CT?

The median cap rate across recently sold homes in Manchester, CT is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Manchester, CT?

The median sold price in Manchester, CT is $350,000 (about $220 per square foot).

Investing in Manchester, CT Real Estate

A data-driven snapshot of the Manchester, 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.

$350,000Median sold price

$220Median $/sqft

3.8%Median cap rate

$-730Modeled cash flow / mo

+3.3%Appreciation YoY

3.7Months of supply

236Active listings

773Sold (last 12 mo)

What the Manchester numbers say

In Manchester, CT, the median home sold for $350,000 (about $220 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-730 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 3.7 months of supply — a tight, seller-friendly market. 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 Manchester cash-flowing listings

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