High Rental Yield Investment Properties for Sale in Westerly, RI
800- 3 Bed
- 2 Bath
- 1062 sft
470- 3 Bed
- 2 Bath
- 1440 sft
275- 2 Bed
- 2 Bath
- 1008 sft
80- 2 Bed
- 2 Bath
- 1188 sft
Why Invest in Westerly, Rhode Island?
Westerly, RI stands out for its **high rental yield** properties, attracting investors seeking strong cash flow from coastal rentals. Premium water-view homes command elevated rents, supporting yields above state averages. With median rents around $2,000 monthly and year-over-year growth of 8%, cash flow remains robust. Limited inventory in this tourism-driven market enhances cap rates near 7%. Appreciation from infrastructure upgrades adds long-term value for buy-and-hold strategies.
Frequently Asked Questions
Coastal demand from tourists and seasonal renters pushes median rents to $2,000, exceeding state averages. Limited inventory and 8% yearly growth enhance yields for investors. Proximity to beaches like Misquamicut sustains occupancy above 70%.
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