Fix And Flip Investment Properties for Sale in Riverside, RI
601- 3 Bed
- 2 Bath
- 1716 sft
742- 3 Bed
- 2 Bath
- 904 sft
240- 2 Bed
- 2 Bath
- 2278 sft
245- 3 Bed
- 2 Bath
- 1512 sft
Why Invest in Riverside, Rhode Island?
Riverside, RI offers prime opportunities for fix-and-flip investors targeting undervalued properties in this growing East Providence neighborhood. Proximity to Providence's job centers and waterfront revitalization drives demand for renovated homes. Expect solid returns with average ROI around 12-15% on quick flips amid 5% annual appreciation. Rental yields of 7% provide fallback options, while cap rates near 6% support value-add strategies. Limited supply and steady price growth make Riverside ideal for hands-on investors.
Frequently Asked Questions
Yes, Riverside shows strong appreciation at 6.9% yearly with affordable entry prices around $410k. Neighborhood revitalization in areas like Watchemoket Square creates quick equity gains. Low inventory favors renovated properties for fast sales.
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