Providence Investment Analysis
Investment Property in Providence, RI
Providence, RI Real Estate Investment Performance
$ 549,000
Median
2,168
Avg/Sq.ft.
4.00%
Traditional
3.00%
Airbnb
177
Investment
727
Airbnb
493
Traditional
54%
Airbnb occupancy rate
Providence, RI Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Providence, RI
$304,900
MLS 1372108
Single Family Residential
CAP RATE
Trad.
6.12%
Airbnb
10.10%
$385,000
MLS 1367498
Single Family Residential
CAP RATE
Trad.
6.30%
Airbnb
9.49%
$424,999
MLS 1372369
Single Family Residential
CAP RATE
Trad.
6.59%
Airbnb
9.35%
$300,000
MLS 1370611
Single Family Residential
CAP RATE
Trad.
6.93%
Airbnb
9.31%
$139,000
MLS 1372300
Single Family Residential
CAP RATE
Trad.
8.40%
Airbnb
9.25%
$399,000
MLS 1370460
Single Family Residential
CAP RATE
Trad.
6.33%
Airbnb
8.85%
$369,900
MLS 1370969
Single Family Residential
CAP RATE
Trad.
4.91%
Airbnb
8.69%
$329,900
MLS 1372833
Single Family Residential
CAP RATE
Trad.
6.00%
Airbnb
8.69%
Single Family Houses for Sale in Providence, RI
$304,900
MLS 1372108
Single Family Residential
CAP RATE
Trad.
6.12%
Airbnb
10.10%
$385,000
MLS 1367498
Single Family Residential
CAP RATE
Trad.
6.30%
Airbnb
9.49%
$424,999
MLS 1372369
Single Family Residential
CAP RATE
Trad.
6.59%
Airbnb
9.35%
$300,000
MLS 1370611
Single Family Residential
CAP RATE
Trad.
6.93%
Airbnb
9.31%
$139,000
MLS 1372300
Single Family Residential
CAP RATE
Trad.
8.40%
Airbnb
9.25%
$399,000
MLS 1370460
Single Family Residential
CAP RATE
Trad.
6.33%
Airbnb
8.85%
$369,900
MLS 1370969
Single Family Residential
CAP RATE
Trad.
4.91%
Airbnb
8.69%
$329,900
MLS 1372833
Single Family Residential
CAP RATE
Trad.
6.00%
Airbnb
8.69%
Multi Family Houses for sale in Providence, RI
$346,365
MLS 73222823
Multi Family
CAP RATE
Trad.
10.39%
Airbnb
N/A
$359,000
MLS 1369509
Multi Family
CAP RATE
Trad.
7.71%
Airbnb
N/A
$416,000
Multi Family
CAP RATE
Trad.
7.05%
Airbnb
N/A
$659,900
MLS 1372395
Multi Family
CAP RATE
Trad.
6.29%
Airbnb
N/A
$424,900
MLS 1370395
Multi Family
CAP RATE
Trad.
6.25%
Airbnb
N/A
$320,000
MLS 1369367
Multi Family
CAP RATE
Trad.
6.23%
Airbnb
N/A
$499,900
MLS 1368645
Multi Family
CAP RATE
Trad.
6.19%
Airbnb
N/A
$620,000
MLS 1362303
Multi Family
CAP RATE
Trad.
6.16%
Airbnb
N/A
Condos for Sale in Providence, RI
$299,900
MLS 1366810
Condo/Coop
CAP RATE
Trad.
6.67%
Airbnb
6.54%
$195,000
MLS 1371534
Condo/Coop
CAP RATE
Trad.
7.41%
Airbnb
6.38%
$499,900
MLS 1366405
Condo/Coop
CAP RATE
Trad.
3.22%
Airbnb
6.09%
$329,900
MLS 1358422
Condo/Coop
CAP RATE
Trad.
3.84%
Airbnb
5.31%
$207,000
MLS 1364542
Condo/Coop
CAP RATE
Trad.
5.87%
Airbnb
5.26%
$579,000
MLS 1371888
Condo/Coop
CAP RATE
Trad.
2.16%
Airbnb
4.84%
$589,000
MLS 1370308
Condo/Coop
CAP RATE
Trad.
2.18%
Airbnb
4.74%
$199,900
MLS 1372150
Condo/Coop
CAP RATE
Trad.
4.69%
Airbnb
4.65%
Top Providence, RI Neighborhoods - Real Estate Market Analysis
Reservoir
$384,500
Median for city
1.17%
Traditional
N/A
Airbnb
$ 1,675
Traditional
$ 1,691
Airbnb
60%
Airbnb occupancy rate
Hartford
$384,500
Median for city
9.10%
Traditional
13.68%
Airbnb
$ 1,498
Traditional
$ 3,077
Airbnb
58%
Airbnb occupancy rate
Elmwood
$384,500
Median for city
3.36%
Traditional
8.06%
Airbnb
$ 1,796
Traditional
$ 3,722
Airbnb
57%
Airbnb occupancy rate
Mount Pleasant
$384,500
Median for city
4.07%
Traditional
N/A
Airbnb
$ 1,564
Traditional
$ 2,969
Airbnb
55%
Airbnb occupancy rate
Washington Park
$384,500
Median for city
4.11%
Traditional
5.78%
Airbnb
$ 1,636
Traditional
$ 3,366
Airbnb
58%
Airbnb occupancy rate
Lower South Providence
$384,500
Median for city
0.79%
Traditional
3.70%
Airbnb
$ 1,515
Traditional
$ 3,779
Airbnb
57%
Airbnb occupancy rate
Valley
$384,500
Median for city
4.63%
Traditional
0.56%
Airbnb
$ 2,249
Traditional
$ 1,760
Airbnb
67%
Airbnb occupancy rate
Charles
$384,500
Median for city
1.67%
Traditional
4.86%
Airbnb
$ 1,539
Traditional
$ 2,877
Airbnb
55%
Airbnb occupancy rate
Manton
$384,500
Median for city
6.60%
Traditional
5.95%
Airbnb
$ 1,838
Traditional
$ 3,021
Airbnb
55%
Airbnb occupancy rate
Elmhurst
$384,500
Median for city
1.95%
Traditional
2.75%
Airbnb
$ 1,826
Traditional
$ 3,058
Airbnb
54%
Airbnb occupancy rate
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Providence, RI
$65 per night
Airbnb occupancy rate 78%
Apartment 1 · 1 · 2
Rental Income: $1,554 per month
682
$119 per night
Airbnb occupancy rate 61%
Apartment null · 1 · 2
Rental Income: $2,207 per month
568
$149 per night
Airbnb occupancy rate 63%
Apartment 2 · 1 · 5
Rental Income: $2,872 per month
543
$65 per night
Airbnb occupancy rate 81%
Apartment 1 · 1 · 2
Rental Income: $1,601 per month
519
$109 per night
Airbnb occupancy rate 85%
Apartment 1 · 1 · 2
Rental Income: $2,814 per month
506
$139 per night
Airbnb occupancy rate 66%
Apartment 2 · 1 · 5
Rental Income: $2,805 per month
468
$129 per night
Airbnb occupancy rate 67%
Apartment 1 · 1 · 3
Rental Income: $2,650 per month
463
$119 per night
Airbnb occupancy rate 68%
Apartment 1 · 1 · 3
Rental Income: $2,456 per month
447
Real Estate Investment Analysis - Other Cities in rhode island
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Cranston | $449,000 | 5% | 2% | $3,096 | $2,020 | 107 | 46% |
| Warwick | $424,990 | 5% | 5% | $2,836 | $3,835 | 101 | 71% |
| Newport | $1,239,950 | 1% | 3% | $3,385 | $3,190 | 68 | 50% |
| West Warwick | $439,900 | 5% | 4% | $3,051 | $3,823 | 56 | 78% |
| Pawtucket | $384,950 | 5% | 4% | $2,822 | $2,753 | 54 | 70% |
| East Greenwich | $911,950 | 2% | 2% | $3,708 | $3,954 | 46 | 80% |
| Portsmouth | $757,000 | 2% | 2% | $3,443 | $5,050 | 46 | 48% |
| North Providence | $369,900 | 5% | 3% | $2,714 | $2,198 | 45 | 45% |
| Narragansett | $1,399,900 | 1% | 1% | $3,598 | $4,683 | 43 | 46% |
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