Best ZIP Codes for Cash Flow in Norwich-New London, CT (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 06351 Griswold, CT $373,778 $2,358 4.92% 6.9%
2 06360 Norwich, CT $307,338 $1,827 4.64% 9.6%
3 06335 Ledyard, CT $423,556 $2,394 4.41% 8.0%
4 06340 Groton, CT $389,963 $2,171 4.34% 7.3%
5 06357 Niantic, CT $532,013 $2,850 4.18% 9.7%
6 06385 Waterford, CT $446,004 $2,308 4.04% 8.0%
7 06320 New London, CT $329,759 $1,589 3.76% 9.6%
8 06380 Norwich, CT $299,563 $1,431 3.73% 10.0%
9 06333 East Lyme, CT $559,780 $2,661 3.71% 7.3%
10 06378 Stonington, CT $799,526 $3,553 3.47% 8.3%
11 06382 Montville, CT $349,314 $1,548 3.46% 7.3%
12 06365 Preston, CT $430,286 $1,899 3.44% 7.8%
13 06355 Groton, CT $605,036 $2,658 3.43% 8.7%
14 06330 Sprague, CT $378,705 $1,602 3.30% 7.9%
15 06339 Ledyard, CT $419,422 $1,746 3.25% 8.2%
16 06334 Bozrah, CT $404,971 $1,629 3.14% —
17 06249 Lebanon, CT $431,641 $1,701 3.07% 8.8%
18 06415 Colchester, CT $447,231 $1,692 2.95% 7.5%
19 06420 Salem, CT $479,370 $1,755 2.86% 8.3%
20 06359 North Stonington, CT $475,226 $1,665 2.73% 7.9%
21 06375 Waterford, CT $407,127 $1,422 2.72% 7.7%
22 06379 Stonington, CT $496,076 $1,725 2.71% 8.4%
23 06370 Montville, CT $402,710 $1,323 2.56% 7.2%
24 06254 Franklin, CT $423,752 $1,323 2.44% 7.6%
25 06371 Old Lyme, CT $705,483 $2,187 2.42% 8.5%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Appreciation in Norwich-New London, CT  ·  Affordable in Norwich-New London, CT

Or see the full Norwich-New London, CT metro profile.