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

Putnam, CT has a median modeled monthly cash flow of $-753 and a median cap rate of 3.5%, on a median sold price of $330,000. Prices changed +13.4% year over year.

What is the average cap rate in Putnam, CT?

The median cap rate across recently sold homes in Putnam, CT is 3.5%, 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 $330,000 (about $216 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.

$330,000Median sold price

$216Median $/sqft

3.5%Median cap rate

$-753Modeled cash flow / mo

+13.4%Appreciation YoY

6.2Months of supply

61Active listings

118Sold (last 12 mo)

What the Putnam numbers say

In Putnam, CT, the median home sold for $330,000 (about $216 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-753 of monthly cash flow. Sold prices moved +13.4% over the past year. Inventory sits at about 6.2 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 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.