93 Oneco Street, Norwich, CT, 06360 | $677/mo Cash Flow

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93 Oneco Street, Norwich, CT, 06360 | $677/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Norwich at 93 Oneco Street, Norwich, CT, 06360 offers a 11.3% rental yield on a $258,000 purchase with $2,430/mo rent. Total monthly income registers $2,430/mo, and a $1,263/mo payment leaves $677/mo available for distribution. Annual cash flow reaches $8,122/yr on $85,527 to close, and return on cash invested stands at 29.4% in year one. Equity gained on principal adds $1,665/yr while 5% annual appreciation supports $71,281 over five years. Portfolio math shows five-year ROI at 154.55% and total cumulative return in cash at $132,182. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,430/mo property income against a $1,263/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 1900 Cape Colonial on Historic Oneco Street, a 3-bedroom, 1.5-bath. This home blends period character with modern updates, including a refreshed bath, updated floors and more. The main level offers a convenient bedroom and full bath, while the upper level features two additional bedrooms and a half bath. Enjoy a private backyard ideal for relaxing or entertaining. Ample natural light, classic trim details, and an efficient layout enhance its charm. Located minutes from Backus Hospital, local schools, shopping, and downtown Norwich. Easy access to I-395, Route 2, and Route 12. Just a short drive to the scenic Thames River, parks, and world-class entertainment at nearby casinos. Don't miss this opportunity to own a piece of Norwich's history in a convenient, commuter-friendly location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06360, Norwich, CT area.

Housing Distribution

Housing Statistics

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