We discussed a couple of weeks ago what type of location would be good for a STR, that post can be found here. In the video below I discussed the towns in our county, sale prices and STR income.
Here is a breakdown of each town in Newport County RI for average sale price in 2021 per bedroom and average income for STR in each town. Information obtained from Realtor.com, Airdna and RI MLS.
Little Compton average sold price in 2021
>2 bedrooms $877K
3 bedrooms $869K
4+ bedrooms $1,761K
Average yearly STR income $52,363
Tiverton average sold price in 2021
>2 bedrooms $335K
3 bedrooms $460K
4+ bedrooms $989K
Average yearly STR income $66,240
Portsmouth average sold price in 2021
>2 bedrooms $459K
3 bedrooms $595K
4+ bedrooms $1,119K
Average yearly STR income $61,860
Middletown average sold price in 2021
>2 bedrooms $353K
3 bedrooms $662K
4+ bedrooms $1,086K
Average yearly STR income $71,136