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

Woonsocket, RI has a median modeled monthly cash flow of $-1,055 and a median cap rate of 3.3%, on a median sold price of $440,000. Prices changed +2.5% year over year.

What is the average cap rate in Woonsocket, RI?

The median cap rate across recently sold homes in Woonsocket, RI is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Woonsocket, RI?

The median sold price in Woonsocket, RI is $440,000 (about $244 per square foot).

Investing in Woonsocket, RI Real Estate

A data-driven snapshot of the Woonsocket, 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.

$440,000Median sold price

$244Median $/sqft

3.3%Median cap rate

$-1,055Modeled cash flow / mo

+2.5%Appreciation YoY

4.8Months of supply

264Active listings

663Sold (last 12 mo)

What the Woonsocket numbers say

In Woonsocket, RI, the median home sold for $440,000 (about $244 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,055 of monthly cash flow. Sold prices moved +2.5% over the past year. Inventory sits at about 4.8 months of supply. 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 Woonsocket cash-flowing listings

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