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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
$ 299,900
ROI
24.2
Cash Flow/m
369- 5 Bed
- 2 Bath
- 1954 sft
7 Shippee Ave, West Warwick, RI, 02893
Listed for sale 1 day ago
$ 419,900
ROI
21.3Cash Flow/m
181- 2 Bed
- 1 Bath
- 1380 sft
1567 Plainfield Pike, Scituate, RI, 02815
Listed for sale 1 day ago
$ 325,000
ROI
22.4Cash Flow/m
238- 1 Bed
- 1 Bath
- 796 sft
1000 Providence Pl APT 303, Providence, RI, 02903
Listed for sale 1 day ago
$ 435,000
ROI
20.2Cash Flow/m
57- 3 Bed
- 2 Bath
- 1028 sft
7 Brookview Ct, Westerly, RI, 02891
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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