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

Chepachet, RI has a median modeled monthly cash flow of $-1,581 and a median cap rate of 3.3%, on a median sold price of $507,500. Prices changed -1.4% year over year.

What is the average cap rate in Chepachet, RI?

The median cap rate across recently sold homes in Chepachet, RI is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chepachet, RI?

The median sold price in Chepachet, RI is $507,500 (about $284 per square foot).

Investing in Chepachet, RI Real Estate

A data-driven snapshot of the Chepachet, 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.

$507,500Median sold price

$284Median $/sqft

3.3%Median cap rate

$-1,581Modeled cash flow / mo

-1.4%Appreciation YoY

3.7Months of supply

18Active listings

58Sold (last 12 mo)

What the Chepachet numbers say

In Chepachet, RI, the median home sold for $507,500 (about $284 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,581 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 3.7 months of supply — a tight, seller-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 Chepachet cash-flowing listings

CashFlowRE ranks every for-sale home in Chepachet, 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 Chepachet deals, or browse the national market data.