Condo Investment Properties for Sale in Cranston, RI
232- 2 Bed
- 2 Bath
- 1184 sft
126- 2 Bed
- 1 Bath
- 900 sft
1072- 2 Bed
- 1 Bath
- 784 sft
591- 2 Bed
- 2 Bath
- 1308 sft
Why Invest in Cranston, Rhode Island?
Cranston, RI offers strong potential for condo investors seeking stable rental income in a competitive market. Proximity to Providence drives consistent demand from renters, with median home values around $423K showing 1.7% annual appreciation. Rental yields average 5-6%, supported by low vacancy and steady job growth in the region. Cap rates hover at 5.5%, making condos attractive for cash flow-focused portfolios. Limited new supply ensures price stability amid modest economic expansion.
Frequently Asked Questions
Yes, condos offer solid rental yields around 5.8% and stable appreciation in a supply-constrained market. Proximity to jobs and Providence drives demand. Low vacancy supports consistent cash flow.
Find Your Perfect Investment Property in Cranston, Rhode Island
Explore investment opportunities by strategy, performance, or property type
