Under $500K Investment Properties for Sale in North Providence, RI
Listed for sale 1 day ago
$ 475,000
ROI
20.1
Cash Flow/m
41- 3 Bed
- 2 Bath
- 1485 sft
24 Redfern St, North Providence, RI, 02911
Fix & Flip
Listed for sale 2 days ago
$ 439,900
ROI
23.8Cash Flow/m
488- 3 Bed
- 2 Bath
- 2304 sft
83-83A Locust Ave, North Providence, RI, 02911
Listed for sale 3 days ago
$ 425,000
ROI
22.6Cash Flow/m
337- 3 Bed
- 1 Bath
- 2270 sft
19 Cooper St, North Providence, RI, 02904
Listed for sale 4 days ago
$ 399,900
ROI
26.5Cash Flow/m
750- 3 Bed
- 1 Bath
- 1070 sft
18 Pine St, North Providence, RI, 02911
Why Invest in North Providence, Rhode Island?
North Providence, RI offers strong investment potential for properties under $500K. Proximity to Providence provides access to urban job centers while maintaining suburban affordability. Rental yields average 6.2% with cap rates around 7.1% and steady 3.8% annual appreciation. High renter occupancy at 42% supports consistent cash flow for investors. Recent sales data shows quick turnover with homes averaging 33 days on market.
8.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
Homes under $500K average 33 days on market. They typically receive 5 offers indicating strong buyer demand. This quick turnover supports investor liquidity.
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