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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Coventry, RI

$ 470,000
ROI
21.3
Cash Flow/m
202- 2 Bed
- 2 Bath
- 1317 sft
5 Leighas Ln, Coventry, RI, 02816

$ 349,900
ROI
21.5
Cash Flow/m
173- 2 Bed
- 1 Bath
- 1237 sft
17 Sonya Dr, Coventry, RI, 02816

$ 499,900
ROI
28.1
Cash Flow/m
1166- 2 Bed
- 2 Bath
- 2434 sft
1 Stephanie Dr, Coventry, RI, 02816
or
Here are some other similar properties you might be interested in:
$ 100,000
ROI
-
Cash Flow/m
-- 3 Bed
- 2 Bath
- 1140 sft
49 Tomaquag Rd, Ashaway, RI, 02804

$ 100,000
ROI
32.7
Cash Flow/m
361- 9 Bed
- 8 Bath
- 7400 sft
134 Rathbun St, Woonsocket, RI, 02895

$ 100,000
ROI
165.1
Cash Flow/m
4045- - Bed
- - Bath
- - sft
98 Leo Ave, Providence, RI, 02904

$ 100,000
ROI
73.5
Cash Flow/m
1496- 2 Bed
- 1 Bath
- 732 sft
5 Lane #7, Coventry, RI, 02816

$ 100,000
ROI
(21.2)
Gross Rent Yield
9.5
- 1 Bed
- 1 Bath
- 800 sft
118 Dunns Corner Rd #196, Westerly, RI, 02891

$ 100,000
ROI
25.1
Cash Flow/m
149- 2 Bed
- 1 Bath
- 924 sft
25 Bayview Park, Middletown, RI, 02842

$ 100,000
ROI
76.2
Cash Flow/m
1572- - Bed
- - Bath
- - sft
0 Walling Rd, Harrisville, RI, 02830

$ 105,000
ROI
24.3
Cash Flow/m
134- 2 Bed
- 1 Bath
- 672 sft
31 Alfa Dr, Pawtucket, RI, 02860

Currently Rented
$ 109,000
ROI
8.3
Gross Rent Yield
9.4
- 2 Bed
- 1 Bath
- 784 sft
6200-28 Post Rd, North Kingstown, RI, 02852

$ 109,900
ROI
4.6
Gross Rent Yield
9.3
- 2 Bed
- 1 Bath
- 840 sft
6 1st St, Portsmouth, RI, 02871

$ 110,000
ROI
13.4
Gross Rent Yield
9.3
- 2 Bed
- 1 Bath
- 750 sft
46 E Andrew Comstock Rd, Warwick, RI, 02886

$ 110,000
ROI
43.9
Cash Flow/m
740- 2 Bed
- 1 Bath
- 720 sft
11 East Dr, Rumford, RI, 02916

$ 119,000
ROI
13.0
Gross Rent Yield
9.3
- 2 Bed
- 1 Bath
- 708 sft
36 Cowesett Ave APT 4, West Warwick, RI, 02893

Fix & Flip
$ 119,000
ROI
33.8
Cash Flow/m
466- 4 Bed
- 2 Bath
- 1420 sft
72 Jefferson St, Tiverton, RI, 02878

$ 119,900
ROI
-
Cash Flow/m
-- - Bed
- - Bath
- - sft
0 Christina Way, North Smithfield, RI, 02896

$ 120,000
ROI
21.0
Cash Flow/m
43- 1 Bed
- 1 Bath
- 403 sft
420 Woodward Rd APT 10, North Providence, RI, 02904

$ 122,000
ROI
63.9
Cash Flow/m
1499- - Bed
- 1 Bath
- 550 sft
1190 Charles St APT 9, Lincoln, RI, 02865

$ 125,000
ROI
49.0
Cash Flow/m
1017- 1 Bed
- 1 Bath
- 700 sft
41 Centennial St, Pascoag, RI, 02859

$ 125,000
ROI
14.9
Gross Rent Yield
10.8
- 2 Bed
- 2 Bath
- 784 sft
5 Turtle Trl, Charlestown, RI, 02813

$ 130,000
ROI
-
Cash Flow/m
-- - Bed
- - Bath
- - sft
0 Ridge St, Cranston, RI, 02920

$ 134,900
ROI
71.9
Cash Flow/m
1956- - Bed
- - Bath
- - sft
0 Jackson Ave, Johnston, RI, 02919

$ 140,000
ROI
16.2
Gross Rent Yield
9.6
- 2 Bed
- 1 Bath
- 248 sft
854 Matunuck Beach Rd Unit 215, South Kingstown, RI, 02879

$ 140,000
ROI
24.6
Cash Flow/m
190- 2 Bed
- 2 Bath
- 1352 sft
464-136 Gardiner Rd, West Kingston, RI, 02892

$ 140,000
ROI
10.0
Gross Rent Yield
9.1
- 2 Bed
- 1 Bath
- 1056 sft
8 Hemlock Rd, Glocester, RI, 02814
Why Invest in Coventry, Rhode Island?
Coventry, RI condo investments offer stable returns in a competitive market with rising home values. Median rents around $2,000 support solid cash flow for multifamily units. Annual appreciation of 5-7% and cap rates near 6% make condos attractive for passive income. Renter occupancy exceeds 40%, driven by local demand and limited supply. Proximity to Providence enhances long-term growth potential for investors.
7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$2012/mo
Avg. Rent
5.8%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% with stable appreciation. High renter occupancy and proximity to jobs make them reliable. Low vacancy supports consistent cash flow.
Find Your Perfect Investment Property in Coventry, Rhode Island
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