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

Fix & Flip
Listed for sale 1 day ago
$ 395,000
ROI
22.0
Cash Flow/m
251- 2 Bed
- 1 Bath
- 1620 sft
29 Hilda St, Cranston, RI, 02920

Listed for sale 1 day ago
$ 414,999
ROI
25.5
Cash Flow/m
665- 2 Bed
- 2 Bath
- 1290 sft
43 New Britain Dr, Warwick, RI, 02889

Listed for sale 1 day ago
$ 375,000
ROI
25.8
Cash Flow/m
630- 4 Bed
- 1 Bath
- 1625 sft
107 Olympia Ave, Pawtucket, RI, 02861

Rental Income
Listed for sale 1 day ago
$ 399,000
ROI
27.6
Cash Flow/m
866- 6 Bed
- 2 Bath
- 2352 sft
471 Providence St, Woonsocket, RI, 02895
Why Invest in Rhode Island?
Investing in Rhode Island properties under $500k presents a unique opportunity for real estate investors seeking to maximize returns. With a strong rental market and favorable median home prices, investors can achieve competitive cash flow and rental yields highlighted by a growing economy.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Rhode Island offers a favorable investment environment with competitive rental yields and a diverse economy. Properties under $500k are especially attractive for new investors.
Find Your Perfect Investment Property in Rhode Island
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