Real Estate Investing in Foster, Rhode Island (02825)

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

Providence County • Population: 5,861 • Data updated: September 2026

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Should you buy in 02825 (Foster, RI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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 price-to-rent: Price-to-rent ratio 25.6 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Foster, RI (02825)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $568,835
Avg Monthly Rent $1,854
1% Rule ✗ Does Not Meet
Median Income $107,653
% Renters 9.2%

Market Analysis: 02825 Foster

ZIP 02825 inside Providence County looks affordable on the surface — median value of $569K — but the discount exists for reasons that a careful buyer should understand before committing.

Meanwhile, the numbers look inviting — $569K purchase price, 0.0% nominal cap — the work to hit that pro forma in 02825 is substantial and deserves full respect.

Within RI, ZIP 02825 trails on several market indicators that neighboring Providence County submarkets outperform. The gap is real and durable enough to shape underwriting.

Who lives in 02825 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Foster:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.3× the median income
Value Trend
Rising (+5.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,854/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 02825

Which property type performs best in this market?

Best for Cash Flow
2BR
3.5% cap rate
Best for Appreciation
4BR
+9.2% 5yr CAGR
Best Overall Value
4BR
$157,819/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $429,468 $2,060 3.5% +8.0% $214,734
3BR $552,527 $2,520 3.3% +8.9% $184,176
4BR $631,275 $2,960 3.4% +9.2% $157,819

Market Trends

Home Value History (with trend line)

$596K$517K$437K$357K$278K$198KJul 2006Jul 2016Jul 2026

📊 How Does 02825 Compare?

Metric 02825 Foster Rhode Island
Home Value $568,835 $568,835 $487,363
5-Year CAGR 6.9% 6.9% 8.8%
Avg Rent $1,854 $1,854 -
Cap Rate 2.5% 2.5% -
💡 Why Invest in 02825? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 02825 (Foster, RI). Anonymous, moderated, never written by AI.

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Property managers serving Providence County

Manage rentals here? List your business →

Ferland Corporation provides professional management services for over 2,600 apartment units in the Rhode Island area, offering quality apartments and amenities. summary from their website

Small multifamily
Unclaimed — is this your business? Claim it free

Zanno Property Management offers residential and multi-family property management services in Providence, including marketing, resident screening, rent collection, maintenance, accounting, and evictio summary from their website

Single-familySmall multifamily
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Avellino Construction & Property Management offers property management, general contracting, investments & lending, and rentals in Providence, RI. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.5%
Low
5yr Growth
+6.9%
Strong

📊 Market Snapshot

Home Value $568,835
Monthly Rent $1,854
Price-to-Rent 25.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.9%
Cap Rate 2.5%
5-Year IRR 9.4%

📈 Home Appreciation

1-Year +5.5% ▲
3-Year CAGR +6.9% ▲
5-Year CAGR +6.9% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
7.5%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+6.9%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 02825

Population: 5,861

💰 Median Household Income
$107,653
This area
$107,653
State
$92,091
USA
$74,580
🏠 Renter Occupied
9.2%
This area
9.2%
State
30.2%
USA
34.0%
💼 Unemployment Rate
0.2%
This area
0.2%
State
3.3%
USA
3.7%
🎓 College Educated
35.5%
This area
35.5%
State
38.3%
USA
33.7%
👤 Median Age
44.8 years
This area
44.8 years
State
30.1 years
USA
38.9 years
🏚️ Vacancy Rate
7.5%
This area
7.5%
State
13.0%
USA
10.5%
👥 Population by Ethnicity
White 87.8%
Other/Mixed 11.8%
Hispanic/Latino 1.1%
Black/African American 0.2%
Asian 0.2%
👶 Under 18
19.8%
This area
19.8%
USA
22.0%
👴 65 and Over
17.6%
This area
17.6%
USA
17.3%
📊 Poverty Rate
1.3%
This area
1.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 02825

A+ Avg School Grade
1 Schools
9.4:1 Avg Class Size
$22,665 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Capt. Isaac Paine El. School

📚 Pre-K – 05 Elementary
👥
226 Students
👨‍🏫
9.4:1 Class Size
💰
$22,665 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

6 Nearby 596 Off-Campus Students
C
Toni & Guy Hairdressing Academy-Cranston
113 students · 13.2 mi
C+
Community College of Rhode Island
12,518 students · 13.5 mi
C+
Bryant University
3,592 students · 13.5 mi
C
Paul Mitchell the School-Rhode Island
170 students · 13.9 mi
C+
Rhode Island College
5,767 students · 14.0 mi
C
New England Institute of Technology
1,850 students · 14.2 mi

Investor Insight: With 596 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How does Foster, RI stack up for property investment?

Foster, RI comes in at an investability rating of 3.0/5, with median home values near $569K and average rents around $1,854/mo. That combination puts it in the solid tier for investor interest.

How much do tenants pay in Foster, RI?

Rent in Foster, RI is around $1,854/mo. The resulting rent-to-value relationship with $569K pricing is reasonable for most investor models.

How much does a house cost in Foster, RI?

Homes in Foster, RI typically sell near $569K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

Do rentals sit vacant long in Foster, RI?

Rental vacancy in Foster, RI is elevated. Investors should budget normal turnover but not chronic empty units.

What type of investing works in Foster, RI?

A careful cash-flow rentals with hands-on management strategy Foster, RI best. The market produces consistent results for that approach at the $569K price point.

You know 02825 now. You don’t know where it ranks.

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How 02825 ranks in Providence-Warwick, RI-MA

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Cash Flow → Appreciation → Affordable →
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