High ROI 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 presents compelling high-ROI opportunities for real estate investors seeking coastal appreciation with strong rental demand. The market combines limited inventory (99 active listings) with a 100% sales-to-list-price ratio, indicating robust buyer competition and pricing power. Median rents of $2,400/month paired with median home prices around $650,000 create favorable cash flow dynamics. Year-over-year rental growth of 16.67% demonstrates sustained tenant demand, while the town's picturesque Atlantic coastline and vibrant arts community continue to attract both residents and seasonal visitors, supporting long-term value appreciation.
Frequently Asked Questions
The median rent in Westerly is $2,400/month with a 4.4% rental yield based on median home prices around $650,000. Year-over-year rental growth of 16.67% indicates strengthening tenant demand and appreciation potential for rental investors.
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