Condo Investment Properties for Sale in Norwich, CT

Property at 1 Harbor View Lane #1, Norwich, CT
$ 229,880
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign371
  • 2 Bed
  • 1 Bath
  • 792 sft
1 Harbor View Lane #1, Norwich, CT, 06360
Property at 5 Parkwoods Drive #5, Norwich, CT
$ 259,000
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign35
  • 2 Bed
  • 3 Bath
  • 1176 sft
5 Parkwoods Drive #5, Norwich, CT, 06360
Property at 10 Hillcrest Street #A, Norwich, CT
$ 169,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign157
  • 2 Bed
  • 3 Bath
  • 1507 sft
10 Hillcrest Street #A, Norwich, CT, 06360
Property at 9 Trading Cove Circle, Norwich, CT
$ 337,900
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign154
  • 3 Bed
  • 2 Bath
  • 1520 sft
9 Trading Cove Circle, Norwich, CT, 06360

Why Invest in Norwich, Connecticut?

Norwich, CT offers strong opportunities for condo investors seeking steady cash flow and appreciation. Average rents around $1,750 support solid rental yields in this stable market. With home values appreciating 8-9% annually, condos provide accessible entry points for diversified portfolios. Cap rates hover around 6-7% amid growing renter demand. Economic stability from regional employers enhances long-term holding potential.

7.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1750/mo
Avg. Rent
8.5%
1Y Appreciation

Frequently Asked Questions

Yes, condos offer strong rental yields around 6% with appreciation matching 8% market growth. Low entry prices under $300k appeal to cash flow investors. Stable renter demand from workers and students supports consistent returns.

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