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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Portsmouth, RI

$ 325,000
ROI
22.3
Cash Flow/m
230- 2 Bed
- 1 Bath
- 856 sft
14 Ash St #C, Portsmouth, RI, 02871

Motivated Seller
$ 799,000
ROI
21.8
Cash Flow/m
377- 3 Bed
- 3 Bath
- 2633 sft
68 Rebels Way, Portsmouth, RI, 02871
or
Here are some other similar properties you might be interested in:Currently Rented
$ 100,000
ROI
8.9
Gross Rent Yield
9.2
- 2 Bed
- 1 Bath
- 728 sft
20 Lane #7, Coventry, RI, 02816

$ 100,000
ROI
(21.2)
Gross Rent Yield
9.5
- 1 Bed
- 1 Bath
- 800 sft
118 Dunns Corner Rd #196, Westerly, RI, 02891

$ 100,000
ROI
25.1
Cash Flow/m
149- 2 Bed
- 1 Bath
- 924 sft
25 Bayview Park, Middletown, RI, 02842

$ 100,000
ROI
76.2
Cash Flow/m
1572- - Bed
- - Bath
- - sft
0 Walling Rd, Harrisville, RI, 02830

$ 105,000
ROI
24.3
Cash Flow/m
134- 2 Bed
- 1 Bath
- 672 sft
31 Alfa Dr, Pawtucket, RI, 02860

Currently Rented
$ 109,000
ROI
8.3
Gross Rent Yield
9.4
- 2 Bed
- 1 Bath
- 784 sft
6200-28 Post Rd, North Kingstown, RI, 02852

$ 109,000
ROI
2.2
Gross Rent Yield
9.6
- 2 Bed
- 1 Bath
- 720 sft
11 East Dr, Rumford, RI, 02916

$ 109,000
ROI
-
Cash Flow/m
-- - Bed
- - Bath
- - sft
0 Merrill Ct, Woonsocket, RI, 02895

$ 109,900
ROI
4.6
Gross Rent Yield
9.3
- 2 Bed
- 1 Bath
- 840 sft
6 1st St, Portsmouth, RI, 02871

$ 110,000
ROI
13.4
Gross Rent Yield
9.3
- 2 Bed
- 1 Bath
- 750 sft
46 E Andrew Comstock Rd, Warwick, RI, 02886

$ 119,000
ROI
-
Cash Flow/m
-- 3 Bed
- 1 Bath
- 1188 sft
10 Woodridge Dr, Burrillville, RI, 02839

Fix & Flip
$ 119,000
ROI
33.8
Cash Flow/m
466- 4 Bed
- 2 Bath
- 1420 sft
72 Jefferson St, Tiverton, RI, 02878

$ 119,900
ROI
-
Cash Flow/m
-- - Bed
- - Bath
- - sft
0 Christina Way, North Smithfield, RI, 02896

$ 124,999
ROI
9.1
Gross Rent Yield
9.2
- 1 Bed
- 1 Bath
- 600 sft
3980 Diamond Hill Rd Trailer 4, Cumberland, RI, 02864

$ 125,000
ROI
14.9
Gross Rent Yield
10.8
- 2 Bed
- 2 Bath
- 784 sft
5 Turtle Trl, Charlestown, RI, 02813

$ 129,000
ROI
20.9
Cash Flow/m
42- 2 Bed
- 1 Bath
- 675 sft
13 Newberry Ln, Hope Valley, RI, 02832

$ 129,500
ROI
19.3
Gross Rent Yield
9.6
- - Bed
- 1 Bath
- 360 sft
94 Cowesett Ave APT 30, West Warwick, RI, 02893

$ 129,900
ROI
18.9
Gross Rent Yield
9.1
- 1 Bed
- 1 Bath
- 416 sft
444 Woodward Rd APT 50, North Providence, RI, 02904

$ 134,900
ROI
71.9
Cash Flow/m
1956- - Bed
- - Bath
- - sft
0 Jackson Ave, Johnston, RI, 02919

$ 135,000
ROI
(58.2)
Gross Rent Yield
9.3
- 1 Bed
- 1 Bath
- 687 sft
355 Blackstone Blvd #445, Providence, RI, 02906

$ 140,000
ROI
16.2
Gross Rent Yield
9.6
- 2 Bed
- 1 Bath
- 248 sft
854 Matunuck Beach Rd Unit 215, South Kingstown, RI, 02879

$ 140,000
ROI
24.6
Cash Flow/m
190- 2 Bed
- 2 Bath
- 1352 sft
464-136 Gardiner Rd, West Kingston, RI, 02892

$ 140,000
ROI
10.0
Gross Rent Yield
9.1
- 2 Bed
- 1 Bath
- 1056 sft
8 Hemlock Rd, Glocester, RI, 02814

$ 145,000
ROI
24.4
Cash Flow/m
185- 2 Bed
- 1 Bath
- 600 sft
443 Dyer Ave, Cranston, RI, 02920
Why Invest in Portsmouth, Rhode Island?
Portsmouth, RI offers strong potential for condo investors seeking stable rental income near coastal amenities. Recent data shows home values up 3.5-15.6% year-over-year, supporting appreciation. Renter-occupied units hover around 25%, with average rents competitive in the region. Cap rates around 5% and rental yields near 6% make it attractive for cash flow. Proximity to Newport drives demand from professionals and retirees alike.
7.2%
Avg. ROI
5.8%
Rental Yield
5.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$2450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% and appreciation potential amid 3-15% home value gains. Low vacancy supports steady cash flow. Coastal demand from professionals enhances long-term value.
Find Your Perfect Investment Property in Portsmouth, Rhode Island
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