Providence Investment Analysis

Investment Property in Providence, RI

Providence Investment Performance

PROPERTY SALE PRICE

$ 307,010

Median

1,983

Avg/Sq.ft.
CASH ON CASH RETURN

0.40%

Traditional

2.89%

Airbnb
NUMBER OF PROPERTIES

378

Investment

195

Airbnb

738

Traditional

59%

Airbnb occ. rate

Providence Rent Prices

Top Providence Active Investment Properties

$74,900

279 Althea Street

West End

2 beds
1 baths
768 sq.ft.

CASH ON CASH

Trad. 8.20%

Airbnb 17.85%

CAP RATE

Trad. 20.43%

Airbnb 33.12%

$169,900

60 COLUMBUS Street

Wanskuck

3 beds
1 baths
960 sq.ft.

CASH ON CASH

Trad. 1.28%

Airbnb 12.89%

CAP RATE

Trad. 6.47%

Airbnb 21.75%

$109,000

355 Blackstone Boulevard #228

Blackstone

1 beds
1 baths
770 sq.ft.

CASH ON CASH

Trad. 6.17%

Airbnb 14.58%

CAP RATE

Trad. 15.39%

Airbnb 26.46%

$339,900

174 Gano St

Fox Point

3 beds
3 baths
1,001 sq.ft.

CASH ON CASH

Trad. 1.83%

Airbnb 11.28%

CAP RATE

Trad. 6.64%

Airbnb 19.08%

Top Providence Neighborhoods

Mount Pleasant
CASH ON CASH RETURN

1.26%

Traditional

6.48%

Airbnb
PROPERTY PRICE

$229,950

Median
RENTAL INCOME

$ 1,115

Traditional

$ 2,625

Airbnb

73%

Airbnb occ. rate
Elmhurst
CASH ON CASH RETURN

1.59%

Traditional

4.00%

Airbnb
PROPERTY PRICE

$265,900

Median
RENTAL INCOME

$ 1,480

Traditional

$ 2,353

Airbnb

69%

Airbnb occ. rate
Wanskuck
CASH ON CASH RETURN

-0.12%

Traditional

6.26%

Airbnb
PROPERTY PRICE

$239,900

Median
RENTAL INCOME

$ 988

Traditional

$ 2,927

Airbnb

63%

Airbnb occ. rate
Fox Point
CASH ON CASH RETURN

-0.41%

Traditional

3.53%

Airbnb
PROPERTY PRICE

$284,450

Median
RENTAL INCOME

$ 1,759

Traditional

$ 3,394

Airbnb

63%

Airbnb occ. rate
Wayland
CASH ON CASH RETURN

0.96%

Traditional

2.12%

Airbnb
PROPERTY PRICE

$390,000

Median
RENTAL INCOME

$ 1,683

Traditional

$ 3,729

Airbnb

61%

Airbnb occ. rate

Providence Insights

Blogs

Guides and Tips

Similar Cities

North Kingstown, RI

PROPERTY PRICE

$399,210

Median
CASH ON CASH RETURN

1.76%

Traditional

7.15%

Airbnb

Newport, RI

PROPERTY PRICE

$596,215

Median
CASH ON CASH RETURN

1.87%

Traditional

7.25%

Airbnb

Providence, RI

PROPERTY PRICE

$214,785

Median
CASH ON CASH RETURN

3.85%

Traditional

4.51%

Airbnb

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