Is Newport County, RI good for real estate investing?

Newport County has an investment score of 52/100, rated as "Hold". The county ranks #513 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Newport?

The rent-to-price ratio in Newport County is 5.06% annually, which ranks in the 28th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Newport?

The median home price in Newport County is $746,885. This ranks #974 in affordability among all US counties.

Can you cash flow on rental properties in Newport?

Based on median values with 20% down at current rates, a typical rental in Newport County would generate negative cash flow of $1,868/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Newport County

Rhode IslandPopulation: 85,442Providence, RI Metro

/100

Hold

#513 of 1,000 counties

#4 in Rhode Island (5 counties)

Market Snapshot

$746,885

Median Home Price

220% above national median

$3,150/mo

Median Rent

108% above national median

5.06%

Rent-to-Price Ratio

Top 72% nationally

-$1,868

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$746,885

Down Payment (20%)$149,377

Loan Amount$597,508

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$3,150

Monthly P&I-$3,915

Est. Expenses (35%)-$1,103

Net Cash Flow-$1,868/mo

3.3%

Cap Rate (all cash)

-13.1%

Cash-on-Cash Return

5.06%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

52/100

Cash Flow(30%)

46/100

Based on 5.06% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

85/100

Based on 4.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

22/100

Price-to-income ratio of 7.8x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Complete rent data available

Challenges

-Below-average rent-to-price ratio (5.06%)
-Negative cash flow at typical financing (-$1,868/mo)
-Negative leverage (cap rate 3.3% < mortgage rate 6.9%)
-High price-to-income ratio makes financing challenging

Economic Indicators

Population

85,442

Median Income

$96,319

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

7.8x

Less affordable

Compare to Nearby Counties

County					Verdict
KentRI	61	$418,072	$2,181	6.26%	Buy	View
ProvidenceRI	54	$431,699	$2,029	5.64%	Hold	View
WashingtonRI	53	$651,796	$2,553	4.70%	Hold	View
CurrentNewportRI	52	$746,885	$3,150	5.06%	Hold

The Bottom Line

HoldNewport is a neutral market. Consider house hacking or targeting below-market deals.

Newport County in Rhode Island scores 52/100, ranking #513 of 1,000 US counties (top 68%). The 5.06% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-1,868/mo

Cap Rate

3.3%

Cash-on-Cash

-13.1%

Ready to Analyze a Deal in Newport?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$746,885

Down Payment (20%)$149,377

Loan Amount$597,508

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$3,150

Monthly P&I-$3,915

Est. Expenses (35%)-$1,103

Net Cash Flow-$1,868/mo

3.3%

Cap Rate (all cash)

-13.1%

Cash-on-Cash Return

5.06%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

52/100

Cash Flow(30%)

46/100

Based on 5.06% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

85/100

Based on 4.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

22/100

Price-to-income ratio of 7.8x. Lower ratios indicate more affordable markets.

County

Verdict

KentRI

$418,072

$2,181

6.26%

Buy

View

ProvidenceRI

$431,699

$2,029

5.64%

Hold

View

WashingtonRI

$651,796

$2,553

4.70%

Hold

View

CurrentNewportRI

$746,885

$3,150

5.06%

Hold

The Bottom Line

HoldNewport is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-1,868/mo

Cap Rate

3.3%

Cash-on-Cash

-13.1%