Under $500K Investment Properties for Sale in Rhode Island
Listed for sale 1 day ago
$ 179,900
ROI
24.2
Cash Flow/m
221- 2 Bed
- 1 Bath
- 883 sft
260 C Mishnock Rd, West Greenwich, RI, 02817
Fix & Flip
Listed for sale 1 day ago
$ 299,900
ROI
26.9Cash Flow/m
600- 6 Bed
- 2 Bath
- 1680 sft
836 Douglas Ave, Providence, RI, 02908
Listed for sale 1 day ago
$ 385,900
ROI
20.5Cash Flow/m
83- 4 Bed
- 2 Bath
- 2241 sft
62 Hancock Dr, North Kingstown, RI, 02852
Listed for sale 1 day ago
$ 364,900
ROI
24.2Cash Flow/m
452- 2 Bed
- 2 Bath
- 1560 sft
512 Woonasquatucket Ave, North Providence, RI, 02911
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
Explore investment opportunities by strategy, performance, or property type
