Under $500K Investment Properties for Sale in East Providence, RI
253- 3 Bed
- 2 Bath
- 950 sft
101- 3 Bed
- 1 Bath
- 1324 sft
103- 3 Bed
- 2 Bath
- 1128 sft
361- 2 Bed
- 2 Bath
- 1425 sft
Why Invest in East Providence, Rhode Island?
Discover investment opportunities in East Providence, RI properties under $500k, offering strong entry points in a competitive market. Homes sell quickly with median prices around $450k, up 8-10% year-over-year, supporting solid appreciation. Rental yields remain attractive with average rents near $1,850 monthly amid low vacancy and steady demand. Cap rates hover reliably while high renter occupancy ensures cash flow stability for investors. Proximity to Providence boosts long-term value in this growing suburb.
Frequently Asked Questions
Yes, median sale prices hover around $450k, with many single-family homes and condos available under budget. The market's 8-10% appreciation and quick sales make them attractive. Focus on properties near commuter routes for best rental demand.
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