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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Westerly, RI
Listed for sale 1 day ago
$ 579,300
ROI
20.7
Cash Flow/m
100- 4 Bed
- 2 Bath
- 2213 sft
76 Pleasant St, Westerly, RI, 02891
Rental Income
Listed for sale 1 day ago
$ 549,900
ROI
24.2Cash Flow/m
626- 4 Bed
- 2 Bath
- 2160 sft
11 Maybrey Dr, Westerly, RI, 02891
Listed for sale 2 days ago
$ 649,900
ROI
20.9Cash Flow/m
156- 6 Bed
- 2 Bath
- 1408 sft
139 Tower St, Westerly, RI, 02891
Rental Income
$ 599,000
ROI
24.2Cash Flow/m
682- 4 Bed
- 2 Bath
- 1728 sft
30-32 Brandywine Dr, 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.
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