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

Norwich, CT has a median modeled monthly cash flow of $-568 and a median cap rate of 4.0%, on a median sold price of $306,263. Prices changed +0.3% year over year.

What is the average cap rate in Norwich, CT?

The median cap rate across recently sold homes in Norwich, CT is 4.0%, 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 $306,263 (about $192 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.

$306,263Median sold price

$192Median $/sqft

4.0%Median cap rate

$-568Modeled cash flow / mo

+0.3%Appreciation YoY

5.0Months of supply

313Active listings

748Sold (last 12 mo)

What the Norwich numbers say

In Norwich, CT, the median home sold for $306,263 (about $192 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-568 of monthly cash flow. Sold prices moved +0.3% over the past year. Inventory sits at about 5.0 months of supply. 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.