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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Warwick, RI

$ 335,000
ROI
24.8
Cash Flow/m
470- 2 Bed
- 2 Bath
- 1180 sft
70 Turner St #A-2, Warwick, RI, 02886

$ 379,900
ROI
20.3
Cash Flow/m
57- 2 Bed
- 1 Bath
- 920 sft
400 Narragansett Pkwy APT Sc7, Warwick, RI, 02888

$ 269,900
ROI
23.7
Cash Flow/m
298- 2 Bed
- 1 Bath
- 733 sft
107 Keystone Dr #116, Warwick, RI, 02889

Motivated Seller
$ 274,900
ROI
25.4
Cash Flow/m
431- 2 Bed
- 2 Bath
- 992 sft
3399 Post Rd APT 20, Warwick, RI, 02886
Why Invest in Warwick, Rhode Island?
Warwick, RI offers strong condo investment opportunities with steady appreciation and solid rental demand. Average rents around $2,200 support healthy cash flows for condo owners. The Providence-Warwick metro ranks among top 2026 markets, driven by limited supply and economic stability. Cap rates hover at 5-6% with renter occupancy near 40%, ideal for passive income. Proximity to Providence boosts appeal for commuters seeking affordable alternatives to Boston.
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$2264/mo
Avg. Rent
2.6%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer strong rental yields around 5.8% with average rents at $2,264. High demand from commuters and low vacancy rates ensure steady cash flow. Proximity to Providence enhances tenant appeal.
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