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
4.1%
Avg Cash on Cash
-11.5%
Median Cashflow
-$984/mo
Avg Rent Estimate
$3,084/mo
Avg Price
$527,364
Price Range
$411,100 - $644,200
Rent to Price
0.58%
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 4.1%, 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 -$984 with average rents of $3,084/month. Properties range from $411,100 to $644,200, offering entry points across multiple investment budgets.
LOT 14 Seven Minglewood Dr, Coventry, RI 02816
Price
$513,003
Rent
$3,284
CachFlow
-$958
CoC
-10.67
Coventry, RI Rental Market Insights
- •Median cashflow is -$984/month — careful deal selection is essential here
- •4.1% 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 $411,100 to $644,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs