East Providence, RI — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.1%

Below average

Monthly Cash Flow

-$1,197

After all expenses

Price-to-Rent

16.9

Overpriced for rent

DSCR

0.49

Fails

📊 Key Metrics

Median Home Price
$442,815
Average Rent (3BR)
$2,150/mo
Price-to-Rent Ratio
16.9(high)
1% Rule
0.49%(fails — need 1%+)
Cash-on-Cash Return
-14.1%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in East Providence for Investors

02914
Cap Rate: 3.3%Cash Flow: -$1,107/mo$425,924
02915
Cap Rate: 3.1%Cash Flow: -$1,197/mo$442,815
02916
Cap Rate: 1.9%Cash Flow: -$1,835/mo$496,106

All Zip Codes in East Providence

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
029143.3%-$1,107$425,924$2,150/mo0.51
029153.1%-$1,197$442,815$2,180/mo0.49
029161.9%-$1,835$496,106$1,840/mo0.31