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

Condo Investment Properties for Sale in Portsmouth, RI

Property at 1 Tower Dr APT 206, Portsmouth, RI
$ 350,000
ROI
39.7ROI percentage
Cash Flow/m
Dollar sign1942
  • 2 Bed
  • 2 Bath
  • 1895 sft
1 Tower Dr APT 206, Portsmouth, RI, 02871
Property at 14 Ash St #C, Portsmouth, RI
$ 325,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign230
  • 2 Bed
  • 1 Bath
  • 856 sft
14 Ash St #C, Portsmouth, RI, 02871
Property at 1 Lagoon Rd #145, Portsmouth, RI
$ 120,000
ROI
70.2ROI percentage
Cash Flow/m
Dollar sign1684
  • - Bed
  • - Bath
  • - sft
1 Lagoon Rd #145, Portsmouth, RI, 02871
Property at 68 Rebels Way, Portsmouth, RI
Motivated Seller
$ 799,000
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign377
  • 3 Bed
  • 3 Bath
  • 2633 sft
68 Rebels Way, Portsmouth, RI, 02871

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.

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