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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in North Providence, RI

Listed for sale 3 days ago
$ 379,900
ROI
22.0
Cash Flow/m
233- 3 Bed
- 3 Bath
- 2318 sft
445 Smithfield Rd, North Providence, RI, 02904

Listed for sale 5 days ago
$ 499,000
ROI
22.1
Cash Flow/m
326- 2 Bed
- 3 Bath
- 2125 sft
10 Cutters Grn #B, North Providence, RI, 02904

Fix & Flip
$ 409,900
ROI
26.4
Cash Flow/m
755- 3 Bed
- 2 Bath
- 2828 sft
50 Wasiota Ave, North Providence, RI, 02911

Rental Income
$ 475,000
ROI
21.4
Cash Flow/m
222- 3 Bed
- 2 Bath
- 2754 sft
1281 Douglas Ave, North Providence, RI, 02904
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.
Find Your Perfect Investment Property in North Providence, Rhode Island
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