Under $200K Investment Properties for Sale in Westerly, RI
106- 1 Bed
- 1 Bath
- 286 sft
180- 1 Bed
- 1 Bath
- 680 sft
751- 2 Bed
- 1 Bath
- 934 sft
115- 1 Bed
- 1 Bath
- 500 sft
Why Invest in Westerly, Rhode Island?
Discover investment opportunities in Westerly, RI under $200k, where affordable entry points meet coastal appeal. Properties in this price range offer solid **rental yields** around 7-8% with **cap rates** near 6%. **Appreciation** has averaged 4% annually, driven by proximity to beaches and stable demand. **Renter occupancy** exceeds 45%, supported by tourism and local employment. Low entry costs make Westerly ideal for cash-flow focused investors seeking long-term growth.
Frequently Asked Questions
Yes, listings show 3-7 properties under $200k, primarily condos and small homes. These offer entry-level investment potential in a coastal market. Availability fluctuates; check current government housing data for updates.
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