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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Westerly, RI
Fix & Flip
$ 285,000
ROI
23.2
Cash Flow/m
275- 2 Bed
- 2 Bath
- 1008 sft
12 Apache Dr #A, Westerly, RI, 02891
$ 299,000
ROI
20.7Cash Flow/m
80- 2 Bed
- 2 Bath
- 1188 sft
9 Crestview Dr APT C, Westerly, RI, 02891
Fix & Flip
$ 300,000
ROI
21.5Cash Flow/m
150- 3 Bed
- 1 Bath
- 1008 sft
6 Holmes St, Westerly, RI, 02891
$ 169,000
ROI
22.0Cash Flow/m
106- 1 Bed
- 1 Bath
- 286 sft
88 Old Post Rd Unit A, 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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