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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
Listed for sale 6 days ago
$ 449,000
ROI
25.0
Cash Flow/m
653- 3 Bed
- 1 Bath
- 1281 sft
479 Park Ave, Portsmouth, RI, 02871
$ 495,000
ROI
23.3Cash Flow/m
489- 2 Bed
- 1 Bath
- 784 sft
65 King Phillip St, Portsmouth, RI, 02871
Fix & Flip
$ 399,000
ROI
21.9Cash Flow/m
238- 3 Bed
- 2 Bath
- 1604 sft
37 Ladeira Ave, Portsmouth, RI, 02871
Fix & Flip
$ 430,000
ROI
27.2Cash Flow/m
890- 3 Bed
- 1 Bath
- 1570 sft
177 Cedar 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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