Real Estate Investing in Salisbury, Connecticut (06068)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06068 (Salisbury, CT)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 34.4% of homes vacant — above national norms.
- Higher unemployment: 8.5% unemployment — tenant risk signal.
- High price-to-rent: Price-to-rent ratio 48.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Salisbury, CT (06068)?
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Market Analysis: 06068 Salisbury
Meanwhile, ZIP 06068 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $935K median. It rewards specialists, not generalists.
Rent of $1,602/mo on a $935K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 06068 sits below the stated 0.0% once reality is priced in.
Looking more closely, 06068 offers a low basis, the region around Salisbury has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 06068 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Salisbury:
Property Strategy for 06068
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $513,616 | $1,780 | 2.5% | +10.5% | $256,808 |
| 3BR | $778,078 | $2,280 | 2.1% | +11.2% | $259,359 |
| 4BR | $1,460,283 | $2,620 | 1.3% | +12.6% | $365,071 |
| 5BR | $2,557,788 | — | — | +11.2% | $511,558 |
Market Trends
Home Value History (with trend line)
📊 How Does 06068 Compare?
| Metric | 06068 | Salisbury | Torrington, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $935,111 | $952,307 | N/A | $425,784 |
| 5-Year CAGR | 5.7% | 5.9% | N/A | 9.3% |
| Avg Rent | $1,602 | $1,571 | N/A | - |
| Cap Rate | 1.3% | 1.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 06068 (Salisbury, CT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $935,111 |
| Monthly Rent | $1,602 |
| Price-to-Rent | 48.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.1% |
| Cap Rate | 1.3% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 06068
Population: 2,034
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How tight is the rental market in Salisbury, CT?
Vacancy risk in Salisbury, CT is elevated. That supports reliable cash flow for typical rental holds.
Are homes affordable in Salisbury, CT?
Salisbury, CT median home values land near $935K. That is reasonable territory for investors looking at $1,602/mo-per-month rentals.
Is Salisbury in CT worth investing in?
Our data puts Salisbury, CT at 3.0/5 for investability. Home prices of $935K and rents around $1,602/mo create a solid backdrop for investor activity.
What is the renter demographic in Salisbury, CT?
Tenant quality in Salisbury, CT ranks as solid. Landlords generally report measured occupancy at market rents of $1,602/mo.
What monthly rent should investors expect in Salisbury, CT?
Rental rates in Salisbury, CT average $1,602/mo. Tenant demand and $935K home values make the yield look reasonable by investor standards.
You know 06068 now. You don’t know where it ranks.
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How 06068 ranks in Torrington, CT
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