Is Norwich, CT a good place to invest in rental property?

Norwich, CT has a median modeled monthly cash flow of $-446 and a median cap rate of 4.4%, on a median sold price of $285,000. Prices changed +2.8% year over year.

What is the average cap rate in Norwich, CT?

The median cap rate across recently sold homes in Norwich, CT is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Norwich, CT?

The median sold price in Norwich, CT is $285,000 (about $186 per square foot).

Investing in Norwich, CT Real Estate

A data-driven snapshot of the Norwich, CT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$285,000Median sold price

$186Median $/sqft

4.4%Median cap rate

$-446Modeled cash flow / mo

+2.8%Appreciation YoY

7.5Months of supply

363Active listings

583Sold (last 12 mo)

What the Norwich numbers say

In Norwich, CT, the median home sold for $285,000 (about $186 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-446 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 7.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Connecticut markets to compare

See Norwich cash-flowing listings

CashFlowRE ranks every for-sale home in Norwich, CT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Norwich deals, or browse the national market data.