Real Estate Investing in Coventry, Rhode Island

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 35,687 • Kent County

☆ Watch this market Free account

Should you buy in Coventry, RI? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Coventry, RI?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

7.0% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $508,044
Avg Monthly Rent $2,189
ZIP Codes 2

Investing in Coventry Real Estate

Across Coventry's 2 ZIPs, the picture is tepid: $508K median values, $2,189/mo rents, and a population that has faced real economic pressure.

Across Coventry's 2 ZIPs, fundamentals run lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Transaction volume in Coventry has thinned in a way that amplifies price discovery risk. Looking more closely, investors without local context should treat every number on the page with skepticism.

A an established population with $N/AK household income profile is what makes Coventry a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Providence-Warwick, RI-MA

Coventry is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Coventry, RI. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Coventry, RI?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$508,044
Avg Monthly Rent
$2,189
1% Rule
✗ Below
Landlord Friendly (RI)

ZIP Codes in Coventry, RI

Screen every ZIP in Coventry

Filter Coventry’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Coventry, RI

Should investors worry about vacancy in Coventry, RI?

Coventry, RI carries elevated vacancy risk. Expect reliable absorption at market rents of $2,189/mo.

Where do rents currently stand in Coventry, RI?

Rent in Coventry, RI is around $2,189/mo. The resulting rent-to-value relationship with $508K pricing is reasonable for most investor models.

Are renters plentiful in Coventry, RI?

Expect a solid tenant pool in Coventry, RI. The rental market absorbs $2,189/mo rents without meaningful friction.

Does house hacking make sense in Coventry, RI?

The a challenging house-hack environment in Coventry, RI reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What strategy should investors use in Coventry, RI?

In Coventry, RI the durable play is typically careful cash-flow rentals with hands-on management. The combination of $508K prices and $2,189/mo rents suits that approach.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Coventry, RI.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.