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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Norwich, CT
Rental Income
Listed for sale 1 day ago
$ 319,900
ROI
20.1
Cash Flow/m
28- 2 Bed
- 1 Bath
- 856 sft
59 Hinckley Street, Norwich, CT, 06360
Listed for sale 1 day ago
$ 265,000
ROI
21.2Cash Flow/m
105- 3 Bed
- 3 Bath
- 1457 sft
39 Oakridge Street, Norwich, CT, 06360
Currently Rented
Listed for sale 2 days ago
$ 252,900
ROI
25.6Cash Flow/m
415- 2 Bed
- 2 Bath
- 1065 sft
3 Arrowhead Drive #3, Norwich, CT, 06360
Listed for sale 2 days ago
$ 269,900
ROI
27.3Cash Flow/m
566- 4 Bed
- 1 Bath
- 1414 sft
122 Newton Street, Norwich, CT, 06360
Why Invest in Norwich, Connecticut?
Norwich, CT offers **high rental yield** opportunities for investors seeking strong cash flow in an affordable market. Average rents hover around $1,250 monthly, 23% below the national average, supporting yields up to 8-10%. Recent 3.8% rent growth and 8.5% home appreciation enhance long-term returns. Cap rates remain attractive at 7-9% due to steady renter demand and low vacancy trends. Renter-occupied housing exceeds 40%, ensuring reliable income streams.
9.2%
Avg. ROI
8.5%
Rental Yield
7.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1254/mo
Avg. Rent
8.5%
1Y Appreciation
Frequently Asked Questions
Average rent is $1,254 per month as of January 2026, 23% below the national average. One-bedrooms average $1,254, while two-bedrooms reach $1,690. This affordability drives high rental yields for investors.
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