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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Cranston, RI
$ 375,000
ROI
28.7
Cash Flow/m
931- 3 Bed
- 3 Bath
- 1804 sft
200 Cannon St APT 126, Cranston, RI, 02920
$ 359,000
ROI
22.7Cash Flow/m
297- 2 Bed
- 2 Bath
- 1232 sft
165 Holland St Unit 4, Cranston, RI, 02920
$ 330,000
ROI
25.2Cash Flow/m
501- 2 Bed
- 2 Bath
- 1508 sft
205 Woodhaven Ct, Cranston, RI, 02920
$ 369,900
ROI
21.2Cash Flow/m
150- 2 Bed
- 2 Bath
- 2098 sft
200 Mayfield Ave APT E5, Cranston, RI, 02920
Why Invest in Cranston, Rhode Island?
Cranston, RI townhouses offer strong investment potential with competitive cap rates around 6-7% and steady rental yields. Average rents for townhomes hover near $2,000 monthly, supported by a renter-occupied rate of 38%. Annual appreciation of 4% reflects stable demand in this Providence suburb. Low vacancy rates and proximity to employment centers enhance cash flow reliability. Townhouse investors benefit from limited new supply and growing workforce migration.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Cap rates for townhouses in Cranston average 6.5%, driven by stable rents around $1,950 monthly. This metric supports reliable cash flow for investors. Data aligns with regional multifamily trends.
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