Condo Investment Properties for Sale in Westerly, RI
106- 1 Bed
- 1 Bath
- 286 sft
180- 1 Bed
- 1 Bath
- 680 sft
550- 2 Bed
- 1 Bath
- 920 sft
751- 2 Bed
- 1 Bath
- 934 sft
Why Invest in Westerly, Rhode Island?
Westerly's coastal location and limited inventory create strong appreciation potential for condo investors. The market is experiencing modest but steady growth with median prices around $530K and year-over-year appreciation of 3.6%. Condos benefit from both seasonal rental demand and year-round occupancy, supported by Rhode Island's tourism infrastructure and lifestyle-driven buyer base. The market is rebalancing toward investor-friendly conditions with improving affordability relative to neighboring states.
Frequently Asked Questions
Westerly condos typically generate rental yields of 4-5% annually, supported by strong seasonal demand and year-round occupancy potential. Coastal properties command premium rental rates that justify higher acquisition costs, making them attractive for cash flow-focused investors.
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