High Rental Yield Investment Properties for Sale in Cranston, RI
829- 3 Bed
- 2 Bath
- 1920 sft
297- 2 Bed
- 1 Bath
- 1160 sft
630- 3 Bed
- 1 Bath
- 1220 sft
343- 3 Bed
- 1 Bath
- 2197 sft
Why Invest in Cranston, Rhode Island?
Cranston, RI presents compelling high-rental-yield opportunities for real estate investors seeking strong cash flow in a resilient Northeast market. The city's rental market demonstrates robust demand with average rents at $1,765 monthly for one-bedroom units, representing a 9% premium over the national average. Multi-family properties in the Providence metro area, including Cranston, generate rental yields averaging 7.2%, while single-family rentals yield 5.8%. The city's strategic location near Providence, combined with diverse employment opportunities and relatively affordable property acquisition costs compared to urban centers, creates an ideal environment for yield-focused investors. Room rental strategies in Cranston can generate $3,200–$4,800 monthly from converted properties, substantially outperforming traditional single-family rental models.
Frequently Asked Questions
Multi-family properties in the Cranston area average rental yields of 7.2%, while single-family rentals generate approximately 5.8% yields. Room rental strategies can produce significantly higher cash flow, with converted properties generating $3,200–$4,800 monthly compared to $1,800–$2,400 for traditional single-family rentals.
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