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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Coventry, RI
Listed for sale 3 days ago
$ 419,977
ROI
23.9
Cash Flow/m
486- 3 Bed
- 1 Bath
- 1664 sft
29 Harvest Dr, Coventry, RI, 02816
Listed for sale 6 days ago
$ 499,900
ROI
25.4Cash Flow/m
787- 3 Bed
- 2 Bath
- 1796 sft
5 Teakwood Dr E, Coventry, RI, 02816
Listed for sale 6 days ago
$ 490,000
ROI
22.9Cash Flow/m
430- 3 Bed
- 2 Bath
- 2508 sft
172 Knotty Oak Rd, Coventry, RI, 02816
$ 459,900
ROI
20.6Cash Flow/m
103- 3 Bed
- 2 Bath
- 2078 sft
7 Englewood 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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