Fix and Flip Properties in North Providence, RI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in North Providence, RI

Why Invest in North Providence, Rhode Island?

North Providence, RI offers strong potential for **fix-and-flip** investors targeting undervalued single-family homes and condos. Average home values around $398,000 have seen 2.3% appreciation recently, with modest growth expected. **Cap rates** near 6-7% and **rental yields** of 5-6% support flips into rentals if needed. Proximity to Providence's hot market boosts resale values post-renovation. Stable demand and low vacancy make it ideal for quick turnarounds.

15.2%
Avg. ROI
5.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
2.3%
1Y Appreciation

Frequently Asked Questions

Yes, with average home values at $398k and 2.3% recent appreciation, flips targeting cosmetic updates yield 15%+ ROI. Proximity to Providence demand ensures quick sales. Focus on multifamily or condos under $400k for best margins.

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