Under $300K Investment Properties for Sale in Norwich, CT

Discover investment opportunities in Norwich, CT with properties under $300k offering strong potential for cash flow and appreciation. The local market shows steady demand with homes averaging 43 days on market and multiple offers per listing. Renter-occupied units stand at 45%, supporting reliable rental yields around 7-8%. Cap rates hover near 8%, bolstered by median rents of $1,400 and modest 3% annual appreciation. Economic stability from nearby employers enhances long-term holding value.