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

North Kingstown, RI has a median modeled monthly cash flow of $-1,875 and a median cap rate of 2.8%, on a median sold price of $618,000. Prices changed +7.8% year over year.

What is the average cap rate in North Kingstown, RI?

The median cap rate across recently sold homes in North Kingstown, RI is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Kingstown, RI?

The median sold price in North Kingstown, RI is $618,000 (about $345 per square foot).

Investing in North Kingstown, RI Real Estate

A data-driven snapshot of the North Kingstown, 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.

$618,000Median sold price

$345Median $/sqft

2.8%Median cap rate

$-1,875Modeled cash flow / mo

+7.8%Appreciation YoY

11.9Months of supply

278Active listings

281Sold (last 12 mo)

What the North Kingstown numbers say

In North Kingstown, RI, the median home sold for $618,000 (about $345 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,875 of monthly cash flow. Sold prices moved +7.8% over the past year. Inventory sits at about 11.9 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 North Kingstown cash-flowing listings

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