Condo Investment Properties in Johnston, RI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Johnston, RI

Why Invest in Johnston, Rhode Island?

Johnston, Rhode Island offers suburban investors a stable residential market with strong community fundamentals and proximity to Providence's economic hub. Condominiums in Johnston provide accessible entry points for investors seeking rental income in a town with 47% Italian-American heritage and deep historical roots. The market benefits from consistent population stability around 29,500-30,000 residents, established infrastructure via Interstate 295, and a governance structure focused on economic development. With a median household composition of 11,359 households and diverse neighborhood options from the bustling Johnston Center to quieter residential areas, condo investments can target both owner-occupant and rental demographics.

4.5%
Avg. ROI
3.8%
Rental Yield
4.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Johnston has a population of approximately 29,568-30,363 residents with a notably high Italian-American population of 47%, the highest percentage of any U.S. town. The town is 79.45% White, 3.05% Asian, and 7.12% multiracial, reflecting a stable, established suburban community with strong cultural cohesion.

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