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Portsmouth, RI Properties

267 of 6,675 results

Find, analyze, and compare Portsmouth, RI investment properties, including off-market opportunities and residential homes with value-add potential. Portsmouth offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Rhode Island. Explore housing market trends in Portsmouth, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Portsmouth, RI for your real estate goals.

In Portsmouth, the median property value currently stands at $665,950, reflecting a 16.94% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $1,657,420 (a 0.02% gain). The housing market includes a total of 7,996 houses.The median home in Portsmouth has 1,652 square feet of living space, priced at a median of $417 per square foot with a median year built of 1976. For long-term rental properties in Portsmouth, the median annual gross rental income is $47,400 (or $3,950/month) with estimated operating expenses of $16,997, resulting in an approximate gross cap rate of 4.22%.

Property Intel by Whitepages helps investors and homeowners explore the Portsmouth area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Portsmouth, RI.

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Housing Market Trends & Statistics for Portsmouth, Rhode Island

Median Property Value
$665,950
Total number of Properties
7,996
Median Living Space
1,652 sq ft
Median Year Built
1976 (49 years)
5-Year Appreciation Forecast
$1,657,420
Median Lot Size
20,473 sq ft
Average Ownership
5 months
for Portsmouth, RI
  • Est. Rental Income
    $47,400 ($3,950 per month)
  • Net Operating Income
    $30,403 ($2,534 per month)
  • Cap Rate
    4.22%

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