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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Westerly, RI

Rental Income
$ 549,000
ROI
24.0
Cash Flow/m
588- 5 Bed
- 3 Bath
- 2736 sft
24 Pleasant St, Westerly, RI, 02891

$ 450,000
ROI
25.0
Cash Flow/m
662- 3 Bed
- 2 Bath
- 1608 sft
25 Meadow Lark Dr, Westerly, RI, 02891

Currently Rented
$ 620,000
ROI
20.5
Cash Flow/m
70- 4 Bed
- 3 Bath
- 2090 sft
8 Pequot Ave, Westerly, RI, 02891

Fix & Flip
Motivated Seller
$ 324,999
ROI
22.2
Cash Flow/m
218- 3 Bed
- 2 Bath
- 1028 sft
10 Hobart St, 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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