Under $500K Investment Properties for Sale in Portsmouth, RI
Fix & Flip
$ 245,000
ROI
20.9
Cash Flow/m
75- 2 Bed
- 1 Bath
- 584 sft
102 Tallman Ave, Portsmouth, RI, 02871
$ 460,000
ROI
23.6Cash Flow/m
489- 2 Bed
- 1 Bath
- 911 sft
33 Alden Lndg, Portsmouth, RI, 02871
$ 499,000
ROI
21.7Cash Flow/m
273- 3 Bed
- 1 Bath
- 960 sft
16 Garden St, Portsmouth, RI, 02871
Fix & Flip
$ 325,000
ROI
21.1Cash Flow/m
121- 2 Bed
- 1 Bath
- 1080 sft
5 Robert Ave, Portsmouth, RI, 02871
Why Invest in Portsmouth, Rhode Island?
Portsmouth, RI offers compelling opportunities for investors targeting properties under $500K. With a stable renter-occupied rate around 25%, these affordable homes deliver solid **rental yields** of 6-7% and **cap rates** near 5.5%. Proximity to Newport's tourism boosts demand, while moderate **appreciation** of 4% annually supports long-term growth. Low vacancy and consistent cash flows make this market resilient for entry-level investments.
8.2%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
4.1%
1Y Appreciation
Find Your Perfect Investment Property in Portsmouth, Rhode Island
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