Under $300K Investment Properties for Sale in East Providence, RI
Listed for sale 4 days ago
$ 230,000
ROI
30.0
Cash Flow/m
659- 2 Bed
- 3 Bath
- 1638 sft
166 Taunton Ave, East Providence, RI, 02914
Listed for sale 4 days ago
$ 185,500
ROI
23.7Cash Flow/m
203- 3 Bed
- 2 Bath
- 1559 sft
9 Ivy St, East Providence, RI, 02914
$ 299,999
ROI
29.1Cash Flow/m
782- 2 Bed
- 1 Bath
- 1070 sft
1409 S Broadway, East Providence, RI, 02914
$ 299,900
ROI
22.2Cash Flow/m
202- 2 Bed
- 1 Bath
- 1440 sft
44 Tab Ave, East Providence, RI, 02914
Why Invest in East Providence, Rhode Island?
East Providence, RI offers strong investment potential in homes under $300k, with limited inventory creating buying opportunities. Proximity to Providence supports steady rental demand from commuters. Average rents around $1,800 provide solid yields in this renter-heavy market. Annual appreciation of 4-5% reflects regional stability. Low vacancy rates under 5% ensure reliable cash flow for investors.
7.2%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Yes, currently about 5 homes are listed under $300k, mostly condos and small single-families. Inventory turns quickly with homes selling in 36 days on average. Focus on neighborhoods like Riverside for best value.
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