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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Johnston, RI
$ 279,900
ROI
28.6
Cash Flow/m
693- 2 Bed
- 1 Bath
- 1020 sft
208 Simmonsville Ave, Johnston, RI, 02919
Fix & Flip
$ 245,000
ROI
20.9Cash Flow/m
75- 2 Bed
- 1 Bath
- 740 sft
317 Morgan Ave, 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
$ 269,999
ROI
22.8Cash Flow/m
231- 2 Bed
- 1 Bath
- 900 sft
1143 Hartford Ave APT 4C, Johnston, RI, 02919
Why Invest in Johnston, Rhode Island?
Investing in Johnston, RI under $300k presents a unique opportunity for investors looking for affordable properties with solid potential returns. With an average rental yield of about 7% and a cap rate around 8%, this community highlights promising investment metrics. Furthermore, with a median home value of $250,000, investors can expect consistent cash flow and appreciation in this growing market.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Johnston, RI, is approximately $1,400 per month, making it an attractive option for renters and investors alike.
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