Providence Investment Analysis

Investment Property in Providence, RI

Providence Investment Performance

PROPERTY SALE PRICE

$ 309,815

Median

2,097

Avg/Sq.ft.
CASH ON CASH RETURN

0.11%

Traditional

3.95%

Airbnb
NUMBER OF PROPERTIES

437

Investment

230

Airbnb

792

Traditional

69%

Airbnb occ. rate

Providence Rent Prices

Top Providence Active Investment Properties

$279,900

88 Wentworth Avenue

South Elmwood

4 beds
3 baths
2,185 sq.ft.

CASH ON CASH

Trad. 0.92%

Airbnb 15.52%

CAP RATE

Trad. 6.61%

Airbnb 25.82%

$179,000

30 French Street

Lower South Providence

4 beds
2 baths
1,632 sq.ft.

CASH ON CASH

Trad. 2.58%

Airbnb 15.65%

CAP RATE

Trad. 9.59%

Airbnb 26.79%

$124,900

283 SWAN Street #283

Lower South Providence

3 beds
2 baths
1,344 sq.ft.

CASH ON CASH

Trad. 3.78%

Airbnb 18.58%

CAP RATE

Trad. 11.53%

Airbnb 31.01%

$329,000

63 MOORLAND Avenue

South Elmwood

3 beds
3 baths
1,734 sq.ft.

CASH ON CASH

Trad. 1.68%

Airbnb 15.19%

CAP RATE

Trad. 6.33%

Airbnb 24.10%

Top Providence Neighborhoods

Elmhurst
PROPERTY PRICE

$244,900

Median
CASH ON CASH RETURN

1.75%

Traditional

6.70%

Airbnb
RENTAL INCOME

$ 1,482

Traditional

$ 2,687

Airbnb

76%

Airbnb occ. rate
Mount Pleasant
PROPERTY PRICE

$245,000

Median
CASH ON CASH RETURN

0.93%

Traditional

5.92%

Airbnb
RENTAL INCOME

$ 1,109

Traditional

$ 2,850

Airbnb

75%

Airbnb occ. rate
Elmwood
PROPERTY PRICE

$224,950

Median
CASH ON CASH RETURN

1.60%

Traditional

9.11%

Airbnb
RENTAL INCOME

$ 1,078

Traditional

$ 2,450

Airbnb

73%

Airbnb occ. rate
Lower South Providence
PROPERTY PRICE

$209,500

Median
CASH ON CASH RETURN

1.30%

Traditional

14.12%

Airbnb
RENTAL INCOME

$ 1,159

Traditional

$ 2,695

Airbnb

73%

Airbnb occ. rate
Charles
PROPERTY PRICE

$199,900

Median
CASH ON CASH RETURN

0.94%

Traditional

6.35%

Airbnb
RENTAL INCOME

$ 1,018

Traditional

$ 2,269

Airbnb

71%

Airbnb occ. rate

Providence Insights

Blogs

Guides and Tips

Similar Cities

North Kingstown, RI

PROPERTY PRICE

$694,646

Median
CASH ON CASH RETURN

-0.16%

Traditional

7.28%

Airbnb

Newport, RI

PROPERTY PRICE

$799,729

Median
CASH ON CASH RETURN

0.36%

Traditional

5.77%

Airbnb

Providence, RI

PROPERTY PRICE

$309,815

Median
CASH ON CASH RETURN

0.11%

Traditional

3.95%

Airbnb

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