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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Johnston, RI
Listed for sale 3 days ago
$ 349,900
ROI
20.4
Cash Flow/m
58- 2 Bed
- 2 Bath
- 1260 sft
158 Scenery Ln, Johnston, RI, 02919
$ 289,000
ROI
26.0Cash Flow/m
504- 2 Bed
- 2 Bath
- 1168 sft
1603 Plainfield Pike APT A2, Johnston, RI, 02919
$ 332,500
ROI
25.0Cash Flow/m
484- 2 Bed
- 2 Bath
- 1680 sft
100 Scenery Ln, Johnston, RI, 02919
$ 340,000
ROI
24.6Cash Flow/m
455- 2 Bed
- 2 Bath
- 1680 sft
47 Scenery Ln, Johnston, RI, 02919
Why Invest in Johnston, Rhode Island?
Townhouses in Johnston, RI offer strong investment potential with steady rental demand from the Providence metro area. Average rents reach $1,800 monthly, supporting cap rates around 6.5%. Annual appreciation of 4% and 45% renter occupancy make them ideal for cash flow-focused portfolios. Proximity to major employers boosts long-term value.
8.2%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer solid rental yields around 6.8% with average rents of $1,800. High renter occupancy at 45% ensures steady cash flow. Proximity to Providence jobs supports demand.
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