Under $500K Investment Properties for Sale in Coventry, RI

Listed for sale 1 day ago
$ 155,000
ROI
24.1
Cash Flow/m
189- 2 Bed
- 2 Bath
- 924 sft
8 Lear Dr, Coventry, RI, 02816

Listed for sale 3 days ago
$ 155,000
ROI
24.8
Cash Flow/m
215- 2 Bed
- 1 Bath
- 896 sft
4 Kitty Hawke Ln #Kit004, Coventry, RI, 02816

Listed for sale 4 days ago
$ 329,000
ROI
28.7
Cash Flow/m
819- 2 Bed
- 1 Bath
- 863 sft
43 Pine Ave, Coventry, RI, 02816

Listed for sale 5 days ago
$ 499,900
ROI
22.1
Cash Flow/m
321- 3 Bed
- 2 Bath
- 2059 sft
2544 Harkney Hill Rd, Coventry, RI, 02816
Why Invest in Coventry, Rhode Island?
Coventry, RI offers strong investment opportunities in homes under $500K, with affordable entry points for single-family rentals and fix-and-flips. Stable rental yields around 6-7% attract investors seeking cash flow in this suburban market. Proximity to Providence supports commuter demand, while modest appreciation of 3-4% annually adds long-term value. Low vacancy rates and growing renter occupancy make properties under $500K resilient performers. Local economic stability from manufacturing and healthcare sectors bolsters tenant reliability.
8.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
3.5%
1Y Appreciation
Find Your Perfect Investment Property in Coventry, Rhode Island
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