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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Portsmouth, RI
Fix & Flip
$ 299,000
ROI
20.6
Cash Flow/m
71- 2 Bed
- 1 Bath
- 902 sft
21 Holbrook Ave, Portsmouth, RI, 02871
$ 185,000
ROI
24.5Cash Flow/m
244- 2 Bed
- 1 Bath
- 938 sft
21 Cathy Cir, Portsmouth, RI, 02871
Fix & Flip
$ 399,999
ROI
21.5Cash Flow/m
196- 4 Bed
- 1 Bath
- 1353 sft
12 Robert Ave, Portsmouth, RI, 02871
$ 495,000
ROI
25.1Cash Flow/m
743- 3 Bed
- 1 Bath
- 992 sft
76 Redwood Rd, 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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