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

Vernon, CT has a median modeled monthly cash flow of $-612 and a median cap rate of 4.2%, on a median sold price of $331,500. Prices changed +0.0% year over year.

What is the average cap rate in Vernon, CT?

The median cap rate across recently sold homes in Vernon, CT is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Vernon, CT?

The median sold price in Vernon, CT is $331,500 (about $213 per square foot).

Investing in Vernon, CT Real Estate

A data-driven snapshot of the Vernon, 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.

$331,500Median sold price

$213Median $/sqft

4.2%Median cap rate

$-612Modeled cash flow / mo

+0.0%Appreciation YoY

6.3Months of supply

137Active listings

263Sold (last 12 mo)

What the Vernon numbers say

In Vernon, CT, the median home sold for $331,500 (about $213 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-612 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 6.3 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 Vernon cash-flowing listings

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