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

Fix And Flip Investment Properties for Sale in Portsmouth, RI

Why Invest in Portsmouth, Rhode Island?

Portsmouth, RI offers strong potential for fix-and-flip investors targeting undervalued single-family homes. Recent market data shows median list prices around $989,000 with homes selling after 29-81 days on market[1][2]. Appreciation trends of 3.5-15.6% year-over-year support profitable flips[2][3]. Slight seller's advantage with inventory at 32 units creates opportunities for quick turnarounds[1]. Focus on properties with renovation potential in the $512k-$1.3M quartiles for optimal ROI.

12.5%
Avg. ROI
4.2%
Rental Yield
5.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$2600/mo
Avg. Rent
7.8%
1Y Appreciation

Frequently Asked Questions

Yes, with median prices at $765k-$989k and 3.5-15.6% appreciation, fix-and-flips yield solid returns[1][2][3]. Homes sell in 29-81 days, favoring quick renovations. Focus on single-family properties under $1M for best margins.

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