Fix and Flip Properties in Westerly, RI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in Westerly, RI

Why Invest in Westerly, Rhode Island?

Fix-and-flip opportunities in Westerly, RI, offer strong potential for investors targeting undervalued coastal properties. The area's steady home appreciation around 3-4% annually supports quick turnarounds after renovations. Tourism-driven demand keeps resale values firm, with median prices near $530K. Limited inventory and renter occupancy above 40% enhance flip profitability. Economic stability from innovation sectors bolsters local buyer interest post-flip.

18%
Avg. ROI
5.2%
Rental Yield
6.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
3.6%
1Y Appreciation

Frequently Asked Questions

Westerly's steady 3-4% appreciation and tourism demand enable profitable quick flips. Undervalued properties near beaches allow value-add renovations. Strong local economy supports fast resales to buyers seeking coastal homes.

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