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

Condo Investment Properties for Sale in Providence, RI

Why Invest in Providence, Rhode Island?

Providence, RI condos offer strong investment potential in a market ranked among the hottest for 2026. With home values at around $503,000 and 3% appreciation forecast, condos provide accessible entry into this growing area. Rental yields average 5-6% amid tight supply and steady demand from young professionals. Cap rates hover at 5.5%, supported by 2.5% recent market growth and low vacancy. Investor cash flow benefits from proximity to universities and job centers.

7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Yes, with forecasted 3% home value growth and strong rental demand from students and professionals. Tight supply supports cap rates around 5.5%. Proximity to jobs and universities enhances cash flow potential.

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