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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Norfolk, CT

$ 425,000
ROI
30.9
Cash Flow/m
1315- 6 Bed
- 2 Bath
- 2596 sft
33 Terrace View, Norfolk, CT, 06058

$ 385,000
ROI
19.8
Cash Flow/m
5- 5 Bed
- 3 Bath
- 2082 sft
82 Greenwoods Road East, Norfolk, CT, 06058

$ 135,000
ROI
46.3
Cash Flow/m
998- 3 Bed
- 2 Bath
- 1481 sft
39 Shepard Road, Norfolk, CT, 06058

$ 205,000
ROI
71.4
Cash Flow/m
2948- 3 Bed
- 2 Bath
- 1744 sft
47 Maple Avenue, Norfolk, CT, 06058
Why Invest in Norfolk, Connecticut?
Investing in properties under $500k in Connecticut offers significant opportunities, particularly in Norfolk. With a favorable rental yield and positive cash flow metrics, this area is gaining traction among investors seeking solid returns without breaking the bank. Average rents are competitive, making it an attractive market for those looking to capitalize on rental income.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Norfolk offers a unique blend of quaint charm and investment potential. The local economy is supported by stable job markets and reasonable property prices, making it an attractive spot for real estate investment.
Find Your Perfect Investment Property in Norfolk, Connecticut
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