Investment Properties for Sale in Westerly, RI
Airbnb Potential
Rental Income
Listed for sale 4 days ago
$ 399,900
ROI
21.6
Cash Flow/m
206- 2 Bed
- 1 Bath
- 1760 sft
115 Main St, Westerly, RI, 02891
Listed for sale 5 days ago
$ 150,000
ROI
27.4Cash Flow/m
318- - Bed
- 1 Bath
- 755 sft
10 Canal St #M2, Westerly, RI, 02891
Listed for sale 5 days ago
$ 524,900
ROI
21.3Cash Flow/m
174- 3 Bed
- 2 Bath
- 1718 sft
215 Canal St, Westerly, RI, 02891
$ 249,000
ROI
23.4Cash Flow/m
250- 2 Bed
- 1 Bath
- 934 sft
23 School St APT 6W, Westerly, RI, 02891
Why Invest in Westerly, Rhode Island?
Westerly, RI offers strong investment potential with its coastal appeal and stable rental demand. Median rents at $2,400/month reflect a 16.67% year-over-year increase, supporting solid rental yields around 5-6%. Home values show resilience with 3-5% annual appreciation amid balanced inventory of 99 active listings. Cap rates hover near 5%, with average cash flow opportunities for long-term investors. Economic stability and tourism drive consistent occupancy above 90%.
6.2%
Avg. ROI
5.8%
Rental Yield
5.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$2400/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The median rent in Westerly is $2,400 per month. This reflects a 16.67% increase year-over-year, driven by tourism and coastal demand. Rents support strong yields for investors.
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