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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in North Smithfield, RI
$ 509,000
ROI
21.3
Cash Flow/m
167- 3 Bed
- 2 Bath
- 1900 sft
117 Elizabeth Ave, North Smithfield, RI, 02896
Currently Rented
$ 499,000
ROI
22.3Cash Flow/m
356- 2 Bed
- 2 Bath
- 2200 sft
1 Tupperware Dr Unit 316, North Smithfield, RI, 02896
$ 634,900
ROI
20.8Cash Flow/m
124- 3 Bed
- 3 Bath
- 2612 sft
74 Follett St, North Smithfield, RI, 02896
Motivated Seller
$ 574,000
ROI
23.0Cash Flow/m
469- 3 Bed
- 2 Bath
- 1704 sft
233 Old Oxford Rd, North Smithfield, RI, 02896
Why Invest in North Smithfield, Rhode Island?
North Smithfield, RI offers strong investment potential with steady home value growth and reliable rental demand. Median rents around $2,450 support solid cash flows, while recent appreciation of 2% enhances long-term returns. Cap rates remain attractive in this suburban market near Providence, with low vacancy implied by quick sales. Investor-friendly dynamics include homes selling near list price in about 35 days. Proximity to employment hubs boosts renter occupancy rates.
7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$2450/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The median home price is approximately $460,000 to $515,000 based on recent market data. Prices per square foot average $252. Homes sell quickly, often in 35 days.
Find Your Perfect Investment Property in North Smithfield, Rhode Island
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