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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in North Smithfield, RI
$ 430,000
ROI
26.3
Cash Flow/m
776- 3 Bed
- 2 Bath
- 1792 sft
48 Overlea Rd, North Smithfield, RI, 02896
$ 499,000
ROI
21.2Cash Flow/m
195- 2 Bed
- 2 Bath
- 1987 sft
1 Tupperware Dr Unit 244, North Smithfield, RI, 02896
$ 399,900
ROI
21.8Cash Flow/m
229- 2 Bed
- 1 Bath
- 1159 sft
1565 Victory Hwy, North Smithfield, RI, 02896
$ 499,900
ROI
23.9Cash Flow/m
577- 4 Bed
- 2 Bath
- 2534 sft
84 Crest 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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