Meriden, CT — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.7%

Below average

Monthly Cash Flow

-$730

After all expenses

Price-to-Rent

15.2

Overpriced for rent

DSCR

0.58

Fails

📊 Key Metrics

Median Home Price
$327,350
Average Rent (3BR)
$1,800/mo
Price-to-Rent Ratio
15.2(high)
1% Rule
0.55%(fails — need 1%+)
Cash-on-Cash Return
-11.6%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Meriden for Investors

06450
Cap Rate: 4.1%Cash Flow: -$608/mo$315,346
06451
Cap Rate: 3.7%Cash Flow: -$730/mo$327,350
06451
Cap Rate: 3.7%Cash Flow: -$730/mo$327,350

All Zip Codes in Meriden

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
064504.1%-$608$315,346$1,850/mo0.64
064513.7%-$730$327,350$1,800/mo0.58
064513.7%-$730$327,350$1,800/mo0.58