Single Family Investment Properties for Sale in West Warwick, RI
Listed for sale 1 day ago
$ 429,900
ROI
22.4
Cash Flow/m
314- 3 Bed
- 2 Bath
- 1364 sft
71 Aberdeen St, West Warwick, RI, 02893
Listed for sale 4 days ago
$ 429,900
ROI
21.0Cash Flow/m
152- 3 Bed
- 2 Bath
- 1364 sft
67 Aberdeen St, West Warwick, RI, 02893
Fix & Flip
Listed for sale 4 days ago
$ 314,900
ROI
31.9Cash Flow/m
1064- 3 Bed
- 1 Bath
- 1410 sft
53 Fairgreen Dr, West Warwick, RI, 02893
Listed for sale 5 days ago
$ 429,900
ROI
26.4Cash Flow/m
800- 3 Bed
- 2 Bath
- 1572 sft
148 Wakefield St, West Warwick, RI, 02893
Why Invest in West Warwick, Rhode Island?
West Warwick, RI offers strong opportunities for single-family home investors seeking stable rental income. With a median household income of $73,903 and a renter-occupied rate around 40%, demand remains consistent[1][4][7]. Average rents support solid cash flows, complemented by modest appreciation in this established Kent County town. Cap rates hover attractively for single-family properties amid low vacancy trends. Proximity to Providence bolsters workforce appeal for long-term holds.
7.2%
Avg. ROI
6.1%
Rental Yield
5.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1820/mo
Avg. Rent
3.4%
1Y Appreciation
Frequently Asked Questions
The population is 31,326 as of July 2024 per U.S. Census estimates. It ranks 11th among Rhode Island cities. Projections show slight growth to 31,405 by 2025.
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