Multi Family Investment Properties for Sale in Cranston, RI
$ 379,900
ROI
25.8
Cash Flow/m
634- 3 Bed
- 2 Bath
- 1587 sft
30 Cliffdale Ave, Cranston, RI, 02905
Rental Income
$ 549,900
ROI
22.8Cash Flow/m
405- 4 Bed
- 2 Bath
- 2072 sft
92 Chestnut Ave, Cranston, RI, 02910
Currently Rented
Rental Income
$ 539,900
ROI
22.2Cash Flow/m
316- 4 Bed
- 2 Bath
- 1634 sft
184 Gladstone St, Cranston, RI, 02920
Rental Income
$ 574,900
ROI
20.6Cash Flow/m
87- 6 Bed
- 2 Bath
- 1936 sft
16 Sherwood St, Cranston, RI, 02920
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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