Townhouse Investment Properties for Sale in Johnston, RI
Listed for sale 1 day ago
$ 339,900
ROI
20.3
Cash Flow/m
51- 2 Bed
- 2 Bath
- 1280 sft
16 Scenery Ln, Johnston, RI, 02919
Listed for sale 5 days ago
$ 320,000
ROI
21.0Cash Flow/m
106- 2 Bed
- 2 Bath
- 1168 sft
1603 Plainfield Pike APT B7, Johnston, RI, 02919
$ 326,500
ROI
26.0Cash Flow/m
567- 2 Bed
- 2 Bath
- 1280 sft
113 Scenery Ln, Johnston, RI, 02919
$ 324,900
ROI
20.6Cash Flow/m
74- 2 Bed
- 2 Bath
- 1752 sft
1603 Plainfield Pike APT H6, 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.
Find Your Perfect Investment Property in Johnston, Rhode Island
Explore investment opportunities by strategy, performance, or property type
