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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Johnston, RI
Listed for sale 1 day ago
$ 425,000
ROI
23.3
Cash Flow/m
416- 3 Bed
- 1 Bath
- 1500 sft
6 Harrington Dr, Johnston, RI, 02919
Listed for sale 1 day ago
$ 400,000
ROI
24.7Cash Flow/m
554- 3 Bed
- 1 Bath
- 1992 sft
49 Highland Ave, Johnston, RI, 02919
Listed for sale 6 days ago
$ 359,900
ROI
20.5Cash Flow/m
73- 2 Bed
- 1 Bath
- 1224 sft
16 Homestead Ave, Johnston, RI, 02919
$ 499,900
ROI
23.2Cash Flow/m
478- 2 Bed
- 3 Bath
- 1680 sft
250 Fountain Ave, Johnston, RI, 02919
Why Invest in Johnston, Rhode Island?
Investors seeking properties under $500K in Johnston, RI, find strong value in this Providence suburb with stable rental demand. Proximity to urban centers supports consistent cash flow from renters. Average cap rates hover around 6-7%, with appreciation at 4% annually. Renter-occupied units exceed 35%, bolstering long-term returns. Low entry prices enable portfolio diversification amid Rhode Island's economic resilience.
8.5%
Avg. ROI
6.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Affordable entry prices combined with strong rental demand from Providence commuters offer solid cash flow. Cap rates around 6.8% and 4% appreciation support steady returns. Proximity to jobs minimizes vacancy risks.
Find Your Perfect Investment Property in Johnston, Rhode Island
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