Townhouse Investment Properties for Sale in North Kingstown, RI

Property at 101 Cardinal Dr, North Kingstown, RI
$ 545,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign114
  • 2 Bed
  • 2 Bath
  • 2089 sft
101 Cardinal Dr, North Kingstown, RI, 02852
Property at 45 Saw Mill Dr Unit 301, North Kingstown, RI
$ 325,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign478
  • 1 Bed
  • 1 Bath
  • 980 sft
45 Saw Mill Dr Unit 301, North Kingstown, RI, 02852
Property at 18 Caddy Rock Rd APT D, North Kingstown, RI
$ 400,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign694
  • 2 Bed
  • 3 Bath
  • 1368 sft
18 Caddy Rock Rd APT D, North Kingstown, RI, 02852
Property at 9 Caddy Rock Rd #A, North Kingstown, RI
$ 425,000
ROI
26.4ROI percentage
Cash Flow/m
Dollar sign780
  • 2 Bed
  • 2 Bath
  • 1600 sft
9 Caddy Rock Rd #A, North Kingstown, RI, 02852

Why Invest in North Kingstown, Rhode Island?

North Kingstown, RI townhouses offer stable investment opportunities in a coastal community with strong rental demand. Average rents support solid cash flow while appreciation benefits from proximity to Narragansett Bay. Cap rates around 5-6% attract investors seeking reliable returns. Renter occupancy exceeds 25%, driven by local workforce and tourism. Economic stability from Quonset Point enhances long-term value.

7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$2150/mo
Avg. Rent
4.1%
1Y Appreciation

Frequently Asked Questions

Yes, townhouses benefit from high renter occupancy and proximity to Quonset Point employers. Average rents around $2,150 support positive cash flow. Stable appreciation makes them reliable for long-term holds.

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