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

Newport East, RI has a median modeled monthly cash flow of $-1,940 and a median cap rate of 2.6%, on a median sold price of $785,500. Prices changed +0.5% year over year.

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

The median cap rate across recently sold homes in Newport East, RI is 2.6%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Newport East, RI is $785,500 (about $430 per square foot).

Investing in Newport East, RI Real Estate

A data-driven snapshot of the Newport East, 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.

$785,500Median sold price

$430Median $/sqft

2.6%Median cap rate

$-1,940Modeled cash flow / mo

+0.5%Appreciation YoY

1.5Months of supply

17Active listings

140Sold (last 12 mo)

What the Newport East numbers say

In Newport East, RI, the median home sold for $785,500 (about $430 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,940 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 1.5 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 Newport East cash-flowing listings

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