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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% |
Rental property for sale in Norwich at 67 Canterbury Turnpike, Norwich, CT, 06360 priced at $332,000 converts $2,992/mo rent into $736/mo cash flow after a $1,625/mo obligation. Total monthly income equals $2,992/mo, and annual cash flow totals $8,834/yr on $110,058 invested. Return on cash invested prints 27.94% in year one, and rental yield reads 10.81% against a $332,000 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation compiles into $91,725 by year five. Five-year ROI reaches 146.71% and total cumulative return in cash sums $161,463. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,992/mo property income covering a $1,625/mo payment, not borrower’s personal income.
Single Family
Built in 1870
1.26 Acres 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 |
|---|---|---|
| 2025-07-09 | Pending sale | $340,000 |
| 2025-07-08 | Sold | $332,000 |
| 2025-06-04 | Price change | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $5905.00 | 29.01% | $177,600 | 63.09% |
| 2023-10-13 | $4577.00 | -0.35% | $108,900 | N/A |
| 2022-10-13 | $4593.00 | -0.41% | $108,900 | N/A |
What's Special
Access Via Hatch
Listed by: Nicholas Tomanelli • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093113
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.
