High Rental Yield Investment Properties for Sale in Woonsocket, RI
167- 3 Bed
- 3 Bath
- 1984 sft
361- 9 Bed
- 8 Bath
- 7400 sft
119- 2 Bed
- 1 Bath
- 1077 sft
662- 5 Bed
- 2 Bath
- 1612 sft
Why Invest in Woonsocket, Rhode Island?
Woonsocket, RI offers compelling rental yield opportunities for investors seeking affordable entry points in the Northeast rental market. With average rents of $1,650 and a median home value around $372,000, the city presents a favorable cap rate environment compared to higher-cost markets. The rental market has demonstrated steady growth, with rents increasing 2.4% year-over-year, while property values remain 23% below the national average. High-rental-yield properties in Woonsocket benefit from strong renter demand and lower acquisition costs, making cash-on-cash returns more achievable for value-focused investors.
Frequently Asked Questions
The average rental yield in Woonsocket is approximately 5.3%, with median rents of $1,650 and median home values around $372,000. This yield is competitive for Northeast markets and reflects the city's affordable entry point for rental investors seeking consistent cash flow.
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