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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in North Kingstown, RI
$ 259,900
ROI
28.2
Cash Flow/m
610- 2 Bed
- 1 Bath
- 794 sft
622 Dry Bridge Rd, North Kingstown, RI, 02852
$ 385,000
ROI
21.1Cash Flow/m
149- 2 Bed
- 2 Bath
- 1086 sft
20 Saw Mill Dr #306, North Kingstown, RI, 02852
$ 300,000
ROI
23.4Cash Flow/m
302- 1 Bed
- 1 Bath
- 980 sft
15 Saw Mill Dr #103, North Kingstown, RI, 02852
$ 374,900
ROI
21.0Cash Flow/m
134- 2 Bed
- 2 Bath
- 1086 sft
60 Saw Mill Dr UNIT 307, North Kingstown, RI, 02852
Why Invest in North Kingstown, Rhode Island?
North Kingstown, RI offers strong potential for condo investors seeking stable rental income in a competitive market. Proximity to major employers and coastal appeal drives consistent demand from renters. Average rents around $2,500 support solid cash flow with 4-6% yields. Home values have appreciated 4-7% annually, signaling continued growth. Low vacancy and tight inventory favor long-term returns.
7.2%
Avg. ROI
5.1%
Rental Yield
4.8%
Cap Rate
$1850/mo
Avg. Cash Flow
$2572/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer strong rental yields around 5% with appreciation potential of 4-5% annually. Demand from professionals and URI students keeps occupancy high. Low maintenance appeals to investors.
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