Under $200K Investment Properties for Sale in Norwich, CT

Discover investment opportunities in Norwich, CT under $200k, where affordable entry points meet steady rental demand. The local market offers single-family homes and multi-units with cap rates around 7-9% and average rents of $1,200 monthly. Renter occupancy exceeds 40%, supported by stable employment in healthcare and manufacturing. Annual appreciation averages 3-4%, providing solid long-term growth for cash-flow focused investors. Proximity to Groton and New London enhances workforce appeal without coastal premiums.