Rhode Island
Active LendingOpportunity ZoneRhode Island real estate investment market
Median Home Value
$488,738
Est. Cap Rate
2.0%
Based on rent yield × 65%
Vacancy Rate
9.8%
63% owner-occupied
Population
1.1M
Median income: $86,372
Rhode Island Investment Analysis
Rhode Island is a major metropolitan market with 1.1M residents and a median home value of $488,738. The 2.0% cap rate positions Rhode Island as a premium appreciation market where equity growth drives returns. Values are stable with 2.8% annual growth, offering predictable returns without overheating risk. A healthy 37% renter population supports median rents of $1,273/month, providing reliable income streams for buy-and-hold investors. Rhode Island's housing stock is 40% multifamily — indicating strong institutional investor interest and potential for 2-4 unit or small multifamily acquisitions. As your Real Estate CFO, we recommend exploring bridge financing for repositioning in Rhode Island. Get pre-qualified for $150K–$10M in financing — term sheet in 48 hours.
Market Details
Housing Stock
485K units
Single-family: 268K
Multifamily: 193K (39.9%)
Investment Metrics
Gross Yield 3.1%
Cap Rate 2.0%
Price-to-Rent 32.0 (Favors renting)
Property Tax $4,854/yr
Demographics
Median Income $86,372
Median Age 40.5
Employment 99.3%
Home Value Trends
1-Year Appreciation +2.8%
3-Year Appreciation +19.2%
5-Year Appreciation +44.0%
Rental Market
$1,273/mo
Renter population: 36.7%
Lending Status
Active Lending
$150K – $10M · Business purpose
Data sources: U.S. Census Bureau ACS 2023 5-Year Estimates · Zillow Home Value Index (Feb 2026) · USDV Capital analysis
Investor Resources — Rhode Island
Key government departments and regulatory contacts for real estate investors
Contractor Licensing
Rhode Island Contractors Registration and Licensing Board
All contractors must register; under State Building Office; commercial roofers and specialty trades licensed
Eviction Court
District Court
5-day notice to pay or quit; ~21-35 days total; landlord-tenant matters in district court
Real Estate Commission
Rhode Island Real Estate Commission
Under Dept of Business Regulation; Providence office
Rent Control
N/A - No Statewide Rent Control
No statewide rent control. No explicit preemption. Providence and New Shoreham have some local rent stabilization measures. Home Rule allows municipalities to set own policies.
Investment Strategy Assessment
How Rhode Island performs for each investment strategy
DSCR Rental
ChallengingRhode Island's 2.0% cap rate suggests an appreciation-focused market. Consider value-add strategies to improve cash flow.
- Up to 85% LTV
- No income verification
- 5-30 year terms
Fix & Flip
Strong MatchLow vacancy (9.8%) indicates strong absorption — flipped properties sell quickly in Rhode Island.
- Up to 90% of purchase + rehab
- 6-18 month terms
- Draw schedule for rehab
Bridge / Value-Add
Strong MatchBridge financing works in any market condition. Use it for acquisitions, refinances, or transitional properties in Rhode Island while you stabilize or reposition.
- Up to 80% LTV
- 12-24 month terms
- Interest-only payments
Top Counties in Rhode Island
5 counties by population
Providence County
Kent County
Washington County
Newport County
Bristol County
Top Cities in Rhode Island
36 cities by population
| City | Population | Home Value | Cap Rate | |
|---|---|---|---|---|
| ProvidenceProvidence County | 190K | $420,051 | 4.0% | View → |
| WarwickKent County | 83K | $404,953 | 4.6% | View → |
| CranstonProvidence County | 83K | $439,251 | 3.5% | View → |
| PawtucketProvidence County | 75K | $387,713 | 3.6% | View → |
| East ProvidenceProvidence County | 47K | $432,953 | 3.5% | View → |
| WoonsocketProvidence County | 43K | $373,514 | 3.3% | View → |
| NewportNewport County | 25K | $903,896 | 2.7% | View → |
| Central FallsProvidence County | 22K | $374,153 | 3.4% | View → |
| WesterlyWashington County | 19K | $601,250 | 2.7% | View → |
| Valley Falls | 12K | $347,900 | 2.6% | View → |
| Newport East | 11K | $479,200 | 2.9% | View → |
| Wakefield-Peace Dale | 10K | $464,400 | 2.0% | View → |
| Cumberland Hill | 9K | $362,700 | 2.1% | View → |
| Greenville | 9K | $390,900 | 2.2% | View → |
| TivertonNewport County | 8K | $536,549 | 2.0% | View → |
Top Neighborhoods in Rhode Island
74 neighborhoods
Ocean Drive
Old Beach
Arnold Mills
Ashton
Ballou District
Bellevue Avenue and Estates
Berkeley
Bernon District
Blackstone
Broadway
Charles
Fox Point
Rhode Island Investment Report
Comprehensive state market analysis
Get the Complete Rhode Island Market Analysis
Make data-driven investment decisions with our comprehensive state report, including pricing trends, rental yields, and DSCR loan scenarios.
- Complete market data & demographics
- 5-year price appreciation trends
- Rental yield analysis by property type
- Investment opportunity score
- Comparable market benchmarks
- DSCR loan scenario modeling
Top 10 Counties in Rhode Island for DSCR Investment
Our data team analyzed every countie in Rhode Island to find the best opportunities for cash-flowing DSCR investments.
Top 10 Counties
Rhode Island | DSCR Investment
Your Real Estate CFO
We don't work for one lender — we work for you. As your Real Estate CFO, we shop the full institutional market to structure the best capital solution for your Rhode Island deal. Close in 28 days or we pay you $1,000.
$1.3B+
Transactions Advised
42
States Active
28 Days
Or $1,000 Guarantee
Flexible Financing for Every Deal
All products below are eligible for our 28-day close guarantee.
Bridge Loans
Short-term financing for acquisitions, refinancing, or repositioning
- 12-24 month terms
- Up to 80% LTV
- Interest-only payments
- Flexible prepayment
Fix & Flip
Fast funding for property renovation and resale
- 6-18 month terms
- Up to 90% of purchase + rehab
- Fast closings
- Interest-only payments
Ground-Up Construction
Financing for new development projects from land to completion
- 12-36 month terms
- Up to 90% of costs
- Progress-based draws
- Interest-only payments
DSCR Rental
Long-term financing for single-family rentals and portfolio acquisitions
- 5-30 year terms
- Up to 85% LTV
- Portfolio options
- No personal income docs
Larger Deals
Multifamily & Build-to-Rent
For multifamily and build-to-rent community financing up to $50M, we work directly with institutional capital partners on custom terms. These deals require a consultation — not a form.
Multifamily
Permanent and bridge financing for apartment buildings and complexes — 5 units and up.
- Up to $50M
- 5–30 year terms
- Up to 80% LTV
- Bridge and permanent options
- Interest-only available
Build-to-Rent Communities
Institutional financing for single-family rental community developments from land to stabilization.
- Up to $50M
- Construction through permanent
- Community-scale underwriting
- Progress-based draw schedule
- Custom closing timeline
Looking for 1-4 unit investment properties? Check out our standard lending products for DSCR, fix & flip, and bridge loans.
Your Real Estate CFO
We structure, source, and close financing for your investment properties. Let us help you capitalize on Rhode Island opportunities.
48-Hour
Term Sheet
$150K-$10M
Loan Range
28-Day
Close Guarantee
$1,000 GUARANTEE
If we can't close in 28 days, we pay you $1,000