Real Estate Investing in Montville, Connecticut (06382)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06382 (Montville, CT)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Montville, CT (06382)?
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Market Analysis: 06382 Montville
The 06382 ZIP covers a section of Montville that demands careful diligence. Prices near $349K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 06382 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Turning to rents, 06382 offers a low basis, the region around Montville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 06382 includes headwinds that any investor should price in. Income distribution skews lower than Montville averages, and tenant stability requires active management.
Distressed ZIPs reward experience. healthy returns are possible in 06382, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Montville:
Property Strategy for 06382
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $271,262 | $1,720 | 4.6% | +9.7% | $135,631 |
| 3BR | $327,940 | $2,220 | 4.9% | +9.0% | $109,313 |
| 4BR | $369,965 | $2,750 | 5.4% | +8.8% | $92,491 |
| 5BR | $386,946 | — | — | +8.1% | $77,389 |
Market Trends
Home Value History (with trend line)
📊 How Does 06382 Compare?
| Metric | 06382 | Montville | Norwich-New London, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $349,314 | $250,675 | N/A | $425,784 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 9.3% |
| Avg Rent | $1,548 | $1,436 | N/A | - |
| Cap Rate | 3.5% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 06382 (Montville, CT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $349,314 |
| Monthly Rent | $1,548 |
| Price-to-Rent | 18.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (3.5%). 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 06382
Population: 10,076
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 06382
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
Frequently Asked Questions
How much is rent in Montville, CT?
Rents in Montville, CT run near $1,548/mo. Compared with median home prices of $349K that produces solid gross yields for typical rentals.
What is the typical renter like in Montville, CT?
Montville, CT offers a stable renter base at the $1,548/mo rent level. Tenant turnover is reasonable for well-managed properties.
What kind of market is Montville, CT for investors?
Investors tracking Montville, CT will find a 3.0/5 rating supported by $349K median home values and $1,548/mo rents. That profile suits long-term holders targeting stable returns.
Is Montville, CT a good market for FHA house hackers?
Montville, CT is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $349K price point reasonable to enter.
How quickly do rentals get leased in Montville, CT?
Vacancy risk in Montville, CT is elevated. That supports reliable cash flow for typical rental holds.
You know 06382 now. You don’t know where it ranks.
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How 06382 ranks in Norwich-New London, CT
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