Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Cranston, RI
$ 390,000
ROI
28.8
Cash Flow/m
981- 2 Bed
- 3 Bath
- 1768 sft
50 Clemence St #50, Cranston, RI, 02920
$ 299,900
ROI
20.0Cash Flow/m
16- 1 Bed
- 2 Bath
- 900 sft
244 Mayfield Ave APT F, Cranston, RI, 02920
$ 325,000
ROI
19.9Cash Flow/m
11- 2 Bed
- 2 Bath
- 1512 sft
501 Woodhaven Ct #501, Cranston, RI, 02920
$ 257,629
ROI
35.4Cash Flow/m
1121- 2 Bed
- 2 Bath
- 1590 sft
25 Sharon St #1, Cranston, RI, 02910
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.
Find Your Perfect Investment Property in Cranston, Rhode Island
Explore investment opportunities by strategy, performance, or property type
