Real Estate Investing in Mansfield, Connecticut (06268)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06268 (Mansfield, CT)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.9% vacancy may signal weakening demand.
What’s happening in Mansfield, CT (06268)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 06268 Mansfield
ZIP 06268 in Mansfield, CT carries a sturdy set of headwinds. Home values near $432K and rents of $2,188/mo sit inside a market where underwriting has to be tight.
The investment case in 06268 is resilient only for operators who understand what they are buying. A $432K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 06268 sits on the difficult end of the CT spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 06268 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Mansfield's stable or hybrid ZIPs before stepping into 06268. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Mansfield:
Property Strategy for 06268
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $280,070 | $1,970 | 5.1% | +11.0% | $140,035 |
| 3BR | $409,599 | $2,360 | 4.1% | +9.3% | $136,533 |
| 4BR | $459,937 | $2,680 | 4.2% | +9.3% | $114,984 |
| 5BR | $495,995 | — | — | +8.8% | $99,199 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 06268 Compare?
| Metric | 06268 | Mansfield | Hartford-East Hartford-Middletown, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $432,393 | $404,826 | N/A | $425,784 |
| 5-Year CAGR | 8.0% | 7.7% | N/A | 9.3% |
| Avg Rent | $2,188 | $2,106 | N/A | - |
| Cap Rate | 4.0% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 06268 (Mansfield, CT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $432,393 |
| Monthly Rent | $2,188 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.9% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (4.0%). 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 06268
Population: 10,782
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
🎓 Schools in 06268
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,010 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Mansfield, CT for real estate investors?
Our data puts Mansfield, CT at 3.0/5 for investability. Home prices of $432K and rents around $2,188/mo create a solid backdrop for investor activity.
What does house hacking look like in Mansfield, CT?
House hacking in Mansfield, CT is reasonable to execute. Prices around $432K and rents of $2,188/mo solid owner-occupant economics.
How strong are rents in Mansfield, CT?
Rent in Mansfield, CT is around $2,188/mo. The resulting rent-to-value relationship with $432K pricing is reasonable for most investor models.
What is the average home sale price in Mansfield, CT?
Mansfield, CT home values average about $432K. That price point suits investors targeting rentals with $2,188/mo in monthly income.
How quickly do rentals get leased in Mansfield, CT?
Mansfield, CT sees elevated vacancy, which is reasonable relative to the broader CT rental market.
You know 06268 now. You don’t know where it ranks.
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How 06268 ranks in Hartford-East Hartford-Middletown, CT
Every ZIP in this metro, ranked. Free.
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