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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Cranston, RI
Fix & Flip
$ 325,000
ROI
22.2
Cash Flow/m
218- 3 Bed
- 1 Bath
- 1376 sft
55 Stevens Rd, Cranston, RI, 02910
Fix & Flip
$ 389,900
ROI
31.7Cash Flow/m
1295- 4 Bed
- 1 Bath
- 1225 sft
32 Hoffman Ave, Cranston, RI, 02920
Fix & Flip
$ 385,000
ROI
30.4Cash Flow/m
1135- 3 Bed
- 3 Bath
- 1322 sft
34 Intervale Rd, Cranston, RI, 02910
Fix & Flip
$ 475,000
ROI
26.2Cash Flow/m
847- 4 Bed
- 2 Bath
- 1224 sft
24 Sweet Fern Dr, Cranston, RI, 02921
Why Invest in Cranston, Rhode Island?
Cranston, RI offers strong potential for fix-and-flip investors targeting undervalued properties with renovation upside. Proximity to Providence drives demand from commuters and families. Stable home values around $423K with 1.7% annual appreciation support quick flips. Competitive market sees homes sell in 15-34 days, ideal for fast turnarounds. Tight inventory favors renovated properties fetching premiums.
12.5%
Avg. ROI
5.2%
Rental Yield
6.1%
Cap Rate
$285/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
1.7%
1Y Appreciation
Frequently Asked Questions
Yes, Cranston's competitive market with homes selling in 15-34 days favors quick flips. Average values at $423K offer renovation upside in a tight inventory environment. Focus on family neighborhoods near Providence for best returns.
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