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

West Greenwich, RI has a median modeled monthly cash flow of $-2,025 and a median cap rate of 2.4%, on a median sold price of $599,000. Prices changed +20.8% year over year.

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

The median cap rate across recently sold homes in West Greenwich, RI is 2.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in West Greenwich, RI is $599,000 (about $304 per square foot).

Investing in West Greenwich, RI Real Estate

A data-driven snapshot of the West 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.

$599,000Median sold price

$304Median $/sqft

2.4%Median cap rate

$-2,025Modeled cash flow / mo

+20.8%Appreciation YoY

7.6Months of supply

35Active listings

55Sold (last 12 mo)

What the West Greenwich numbers say

In West Greenwich, RI, the median home sold for $599,000 (about $304 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-2,025 of monthly cash flow. Sold prices moved +20.8% over the past year. Inventory sits at about 7.6 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 West Greenwich cash-flowing listings

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