Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Westerly, RI
Currently Rented
Fix & Flip
Rental Income
$ 675,000
ROI
21.5
Cash Flow/m
263- 8 Bed
- 4 Bath
- 2848 sft
4 Pearl St, Westerly, RI, 02891
$ 399,000
ROI
27.4Cash Flow/m
847- 5 Bed
- 2 Bath
- 1686 sft
67 Pleasant St, Westerly, RI, 02891
Currently Rented
Fix & Flip
$ 398,900
ROI
20.7Cash Flow/m
107- 5 Bed
- 2 Bath
- 1703 sft
245 Bradford Rd, Westerly, RI, 02891
$ 389,900
ROI
20.4Cash Flow/m
67- 3 Bed
- 2 Bath
- 1760 sft
52 Spruce St, Westerly, RI, 02891
Why Invest in Westerly, Rhode Island?
Multi-family properties in Westerly, RI offer strong investment potential with steady cash flow from year-round and seasonal rentals. Coastal demand drives appreciation around 4%, while cap rates hover at 6-7%. Renter occupancy exceeds 45%, supported by tourism and proximity to beaches. Average rents near $2,000 per unit provide reliable yields in this stable market. Limited supply enhances long-term value for diversified portfolios.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$18500/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
High renter demand from tourism and students supports steady cash flow. Appreciation around 4% and cap rates of 6-7% offer balanced returns. Coastal location limits supply, enhancing value.
Find Your Perfect Investment Property in Westerly, Rhode Island
Explore investment opportunities by strategy, performance, or property type
