Is Central Falls, RI a good place to invest in rental property?

Central Falls, RI has a median modeled monthly cash flow of $-125 and a median cap rate of 6.1%, on a median sold price of $555,000. Prices changed +6.3% year over year.

What is the average cap rate in Central Falls, RI?

The median cap rate across recently sold homes in Central Falls, RI is 6.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Central Falls, RI?

The median sold price in Central Falls, RI is $555,000 (about $194 per square foot).

Investing in Central Falls, RI Real Estate

A data-driven snapshot of the Central Falls, RI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$555,000Median sold price

$194Median $/sqft

6.1%Median cap rate

$-125Modeled cash flow / mo

+6.3%Appreciation YoY

8.3Months of supply

40Active listings

58Sold (last 12 mo)

What the Central Falls numbers say

In Central Falls, RI, the median home sold for $555,000 (about $194 per square foot), and the typical deal models out to a 6.1% cap rate with a median $-125 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 8.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Rhode Island markets to compare

See Central Falls cash-flowing listings

CashFlowRE ranks every for-sale home in Central Falls, RI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Central Falls deals, or browse the national market data.