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

Warwick, RI has a median modeled monthly cash flow of $-929 and a median cap rate of 3.7%, on a median sold price of $462,000. Prices changed +3.8% year over year.

What is the average cap rate in Warwick, RI?

The median cap rate across recently sold homes in Warwick, RI is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Warwick, RI?

The median sold price in Warwick, RI is $462,000 (about $299 per square foot).

Investing in Warwick, RI Real Estate

A data-driven snapshot of the Warwick, 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.

$462,000Median sold price

$299Median $/sqft

3.7%Median cap rate

$-929Modeled cash flow / mo

+3.8%Appreciation YoY

3.2Months of supply

547Active listings

2,066Sold (last 12 mo)

What the Warwick numbers say

In Warwick, RI, the median home sold for $462,000 (about $299 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-929 of monthly cash flow. Sold prices moved +3.8% over the past year. Inventory sits at about 3.2 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 Warwick cash-flowing listings

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