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

East Greenwich, RI has a median modeled monthly cash flow of $-2,882 and a median cap rate of 1.5%, on a median sold price of $687,500. Prices changed -3.3% year over year.

What is the average cap rate in East Greenwich, RI?

The median cap rate across recently sold homes in East Greenwich, RI is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Greenwich, RI?

The median sold price in East Greenwich, RI is $687,500 (about $321 per square foot).

Investing in East Greenwich, RI Real Estate

A data-driven snapshot of the East Greenwich, 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.

$687,500Median sold price

$321Median $/sqft

1.5%Median cap rate

$-2,882Modeled cash flow / mo

-3.3%Appreciation YoY

8.8Months of supply

133Active listings

182Sold (last 12 mo)

What the East Greenwich numbers say

In East Greenwich, RI, the median home sold for $687,500 (about $321 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-2,882 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 8.8 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 East Greenwich cash-flowing listings

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