Under $300K Investment Properties for Sale in Westerly, RI
Listed for sale 6 days ago
$ 150,000
ROI
27.4
Cash Flow/m
318- - Bed
- 1 Bath
- 755 sft
10 Canal St #M2, Westerly, RI, 02891
$ 249,000
ROI
23.4Cash Flow/m
250- 2 Bed
- 1 Bath
- 934 sft
23 School St APT 6W, Westerly, RI, 02891
$ 289,900
ROI
22.2Cash Flow/m
197- 2 Bed
- 2 Bath
- 907 sft
22 Apache Dr #B, Westerly, RI, 02891
$ 109,900
ROI
24.3Cash Flow/m
140- 1 Bed
- 1 Bath
- 850 sft
118 Dunns Corner Rd #159, Westerly, RI, 02891
Why Invest in Westerly, Rhode Island?
Discover Westerly, RI properties under $300k offering strong entry points for savvy investors. These affordable homes deliver solid **rental yields** around 7-8% with **cap rates** near 6%. **Appreciation** has averaged 4% annually amid coastal demand. **Renter occupancy** exceeds 45%, supported by tourism and proximity to beaches. Low entry costs enable high **cash flow** potential in this stable market.
9.2%
Avg. ROI
7.5%
Rental Yield
6.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, several properties under $300k exist, including condos and starter homes ideal for rentals. These offer low entry costs with strong income potential. Inventory is limited, so act quickly.
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