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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
$ 349,000
ROI
21.9
Cash Flow/m
203- 1 Bed
- 2 Bath
- 1244 sft
177 Estey Road, Norfolk, CT, 06058
$ 135,000
ROI
46.3Cash Flow/m
998- 3 Bed
- 2 Bath
- 1481 sft
39 Shepard Road, Norfolk, CT, 06058
$ 205,000
ROI
71.4Cash Flow/m
2948- 3 Bed
- 2 Bath
- 1744 sft
47 Maple Avenue, Norfolk, CT, 06058
$ 129,900
ROI
22.8Cash Flow/m
110- 2 Bed
- 1 Bath
- 858 sft
16 River Pl, 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.
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