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

Putnam, CT has a median modeled monthly cash flow of $-905 and a median cap rate of 3.0%, on a median sold price of $337,500. Prices changed +8.6% year over year.

What is the average cap rate in Putnam, CT?

The median cap rate across recently sold homes in Putnam, CT is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Putnam, CT?

The median sold price in Putnam, CT is $337,500 (about $215 per square foot).

Investing in Putnam, CT Real Estate

A data-driven snapshot of the Putnam, 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.

$337,500Median sold price

$215Median $/sqft

3.0%Median cap rate

$-905Modeled cash flow / mo

+8.6%Appreciation YoY

8.6Months of supply

92Active listings

128Sold (last 12 mo)

What the Putnam numbers say

In Putnam, CT, the median home sold for $337,500 (about $215 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-905 of monthly cash flow. Sold prices moved +8.6% over the past year. Inventory sits at about 8.6 months of supply — a looser, buyer-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 Putnam cash-flowing listings

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