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

Warren, RI has a median modeled monthly cash flow of $-1,382 and a median cap rate of 2.9%, on a median sold price of $525,000. Prices changed +7.5% year over year.

What is the average cap rate in Warren, RI?

The median cap rate across recently sold homes in Warren, RI is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Warren, RI?

The median sold price in Warren, RI is $525,000 (about $302 per square foot).

Investing in Warren, RI Real Estate

A data-driven snapshot of the Warren, 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.

$525,000Median sold price

$302Median $/sqft

2.9%Median cap rate

$-1,382Modeled cash flow / mo

+7.5%Appreciation YoY

11.6Months of supply

78Active listings

81Sold (last 12 mo)

What the Warren numbers say

In Warren, RI, the median home sold for $525,000 (about $302 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,382 of monthly cash flow. Sold prices moved +7.5% over the past year. Inventory sits at about 11.6 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 Warren cash-flowing listings

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