Under $300K Investment Properties for Sale in North Providence, RI

Property at 565 Smithfield Rd APT C9, North Providence, RI
Listed for sale 6 days ago
$ 274,900
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign236
  • 2 Bed
  • 1 Bath
  • 1056 sft
565 Smithfield Rd APT C9, North Providence, RI, 02904
Property at 2 Fera St APT 103, North Providence, RI
$ 275,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign83
  • 2 Bed
  • 2 Bath
  • 1056 sft
2 Fera St APT 103, North Providence, RI, 02904
Property at 300 Smithfield Rd APT 5-34, North Providence, RI
Rental Income
$ 220,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign347
  • 1 Bed
  • 1 Bath
  • 780 sft
300 Smithfield Rd APT 5-34, North Providence, RI, 02904
Property at 200 Woodlawn Ave APT 111, North Providence, RI
$ 259,900
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign117
  • 2 Bed
  • 2 Bath
  • 936 sft
200 Woodlawn Ave APT 111, North Providence, RI, 02904

Why Invest in North Providence, Rhode Island?

North Providence, RI offers strong investment potential in homes under $300k, with affordable condos and single-family options available. Rental yields average 6-7% due to proximity to Providence's job market. Cap rates hover around 5.5%, supported by steady appreciation of 3-4% annually. High renter occupancy at 45% ensures reliable cash flow for investors. Stable housing supply makes entry accessible without excessive competition.

8.2%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.8%
1Y Appreciation

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