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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Norwich, KS
$ 149,999
ROI
25.7
Cash Flow/m
246- 4 Bed
- 2 Bath
- 1642 sft
406 W Burns Ave, Norwich, KS, 67118
$ 119,000
ROI
24.8Cash Flow/m
166- 2 Bed
- 2 Bath
- 1078 sft
315 S Somerset St, Norwich, KS, 67118
Rental Income
$ 168,000
ROI
23.9Cash Flow/m
195- 3 Bed
- 3 Bath
- 1980 sft
113 S Robbins Rd, Norwich, KS, 67118
$ 178,400
ROI
28.5Cash Flow/m
431- 3 Bed
- 3 Bath
- 1282 sft
303 S Somerset St, Norwich, KS, 67118
Why Invest in Norwich, Kansas?
Investing in Norwich, KS, particularly in properties under $200k, offers a unique opportunity to capitalize on a steady rental market with an average rental yield of 7%. The area shows an average ROI of 6.5%, supported by a cap rate of 8%, making it appealing for investors seeking moderate cash flow and appreciation potential. With average rents around $850 and a rental occupancy rate of 60%, Norwich presents a stable environment for entry-level real estate investment.
6.5%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Norwich tend to be single-family homes, often older but well-maintained, suitable for rental or starter homes.
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