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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Providence, RI
Fix & Flip
Listed for sale 2 days ago
$ 439,000
ROI
21.1
Cash Flow/m
170- 2 Bed
- 2 Bath
- 1012 sft
10 East St APT 2, Providence, RI, 02906
Listed for sale 2 days ago
$ 250,000
ROI
30.9Cash Flow/m
776- 3 Bed
- 1 Bath
- 1036 sft
871 Douglas Ave, Providence, RI, 02908
Rental Income
Listed for sale 2 days ago
$ 350,000
ROI
22.4Cash Flow/m
252- 9 Bed
- 3 Bath
- 4062 sft
873 Douglas Ave, Providence, RI, 02908
Fix & Flip
Listed for sale 3 days ago
$ 415,000
ROI
23.9Cash Flow/m
483- 6 Bed
- 2 Bath
- 1736 sft
6-8 Dorr St, Providence, RI, 02908
Why Invest in Providence, Rhode Island?
Providence, RI stands out for **high rental yield** investments due to strong tenant demand and low vacancy rates. Rents average $2,058 monthly with 1.8% recent growth, supported by 60% renter-occupied households. Cap rates remain attractive amid 2.6% statewide vacancy, driving solid cash flow. University proximity and job growth enhance long-term appreciation potential. Investors benefit from steady equity building in this education and tech hub.
7.2%
Avg. ROI
6.8%
Rental Yield
5.9%
Cap Rate
$1850/mo
Avg. Cash Flow
$2058/mo
Avg. Rent
3.6%
1Y Appreciation
Frequently Asked Questions
Strong demand from 60% renter households, low 2.6% vacancy, and university proximity fuel yields around 6-7%. Rents at $2,058 exceed national averages by 27%. Investors see reliable cash flow from stable tenants.
Find Your Perfect Investment Property in Providence, Rhode Island
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