High Rental Yield Investment Properties for Sale in Providence, RI
Listed for sale 1 day ago
$ 629,999
ROI
23.4
Cash Flow/m
567- 6 Bed
- 2 Bath
- 1576 sft
314 Sayles St, Providence, RI, 02905
$ 459,900
ROI
20.5Cash Flow/m
94- 3 Bed
- 2 Bath
- 2646 sft
25 Fairview St, PROVIDENCE, RI, 02908
Listed for sale 1 day ago
$ 750,000
ROI
20.8Cash Flow/m
144- 11 Bed
- 5 Bath
- 3861 sft
139 Benedict St, Providence, RI, 02909
Listed for sale 3 days ago
$ 399,900
ROI
21.2Cash Flow/m
159- 3 Bed
- 2 Bath
- 1296 sft
81 Petteys Ave, Providence, RI, 02909
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.
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