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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Cranston, RI
Listed for sale 1 day ago
$ 499,900
ROI
25.0
Cash Flow/m
732- 4 Bed
- 2 Bath
- 1800 sft
49-51 Oak St, Cranston, RI, 02910
Listed for sale 6 days ago
$ 536,000
ROI
22.4Cash Flow/m
341- 4 Bed
- 3 Bath
- 1944 sft
527 Laurel Hill Ave, Cranston, RI, 02920
$ 499,900
ROI
23.9Cash Flow/m
577- 4 Bed
- 2 Bath
- 1876 sft
11 Browne St, Cranston, RI, 02920
$ 449,900
ROI
21.4Cash Flow/m
204- 4 Bed
- 2 Bath
- 1750 sft
80 Colonial Ave, Cranston, RI, 02910
Why Invest in Cranston, Rhode Island?
Investing in multifamily properties in Cranston, RI, offers strong potential for returns. With properties generating an average rental yield of 7% and cap rates around 6%, investors can expect solid cash flow opportunities in this favorable market. The city's appreciation rate is also promising, underlining its potential as a burgeoning rental market.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1500/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Multifamily properties in Cranston offer investors diverse opportunities for income generation due to steady rental demand and reasonable cap rates. The city's consistent rental growth and positive appreciation trends make it a wise investment choice.
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