Real Estate Investing in New Shoreham, Rhode Island

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 829 • Washington County

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Should you buy in New Shoreham, RI? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 77.3% of homes vacant — above national norms.

What’s happening in New Shoreham, RI?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

8.8% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $1,831,620
Avg Monthly Rent $1,692
ZIP Codes 1

Investing in New Shoreham Real Estate

This is a distressed-leaning corner of Rhode Island: New Shoreham has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

The investment case for New Shoreham is difficult to make on screen data alone. a challenging fit for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

The $1,692/mo / $1.8M relationship in New Shoreham looks tepid once vacancy and capex are incorporated into underwriting. tilts toward the realized yield tends to disappoint.

Distressed-leaning demographics in New Shoreham — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Providence-Warwick, RI-MA

New Shoreham is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in New Shoreham, RI. Anonymous, moderated, never written by AI.

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Avg Home Value
$1,831,620
Avg Monthly Rent
$1,692
1% Rule
✗ Below
Landlord Friendly (RI)

ZIP Codes in New Shoreham, RI

Screen every ZIP in New Shoreham

Filter New Shoreham’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About New Shoreham, RI

What type of investing works in New Shoreham, RI?

In New Shoreham, RI the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $1.8M prices and $1,692/mo rents suits that approach.

Are renters plentiful in New Shoreham, RI?

Expect a solid tenant pool in New Shoreham, RI. The rental market absorbs $1,692/mo rents without meaningful friction.

What are vacancy rates like in New Shoreham, RI?

Vacancy risk in New Shoreham, RI is elevated. That supports measured cash flow for typical rental holds.

How expensive is real estate in New Shoreham, RI?

Homes in New Shoreham, RI typically sell near $1.8M. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

Is real estate in New Shoreham, RI a good investment right now?

Our data puts New Shoreham, RI at 3.0/5 for investability. Home prices of $1.8M and rents around $1,692/mo create a solid backdrop for investor activity.

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