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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Norwich at 67 Baltic St, Norwich, CT, 06360 with 5% annual appreciation on a $250,000 basis while $2,266/mo rent supports operations. Total monthly income totals $2,266/mo and a $1,224/mo payment preserves $529/mo for cash returns. Annual cash flow comes to $6,349/yr on $82,875 deployed, and return on cash invested reaches 27.57% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 10.88%. Five-year ROI measures 144.95% and total cumulative return in cash totals $120,130.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,266/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1875
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06360, Norwich, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,508 (100%) |
| Owner Occupied HU | 7,848 (44.8%) |
| Renter Occupied HU | 7,879 (45.0%) |
| Vacant Housing Units | 1,781 (10.2%) |
| Median Home Value | $267,212 |
| Average Home Value | $314,342 |
Residential
16,023
Single Family
14,090
Multi-Family
1,933
Businesses
1,102
Date | Event | Price |
|---|---|---|
| 1987-10-30 | Sold | $67,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $4905.00 | 25.77% | $128,400 | 59.50% |
| 2023-04-14 | $3900.00 | -0.08% | $80,500 | N/A |
| 2022-04-14 | $3903.00 | -0.33% | $80,500 | N/A |
What's Special
Access Via Hatch
Listed by: Next Level Team of RE/MAX One • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086964
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
