Coventry, RI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Coventry, RI. Based on 10+ datapoints.
Coventry, RI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-12.7%
Median Cashflow
-$1,020/mo
Avg Rent Estimate
$2,997/mo
Avg Price
$529,425
Price Range
$395,000 - $719,000
Rent to Price
0.57%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Coventry, RI
Coventry, RI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Coventry, RI is -$1,020 with average rents of $2,997/month. Properties range from $395,000 to $719,000, offering entry points across multiple investment budgets.
Coventry, RI Rental Market Insights
- •Median cashflow is -$1,020/month — careful deal selection is essential here
- •3.7% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Coventry, RI requires selective property picks
- •Premium market with properties from $395,000 to $719,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs