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Farmstays in Tiverton Rhode Island

Newport County Short Term Rental ROI

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