Fix and Flip Properties in North Smithfield, RI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in North Smithfield, RI

Property at 859 Black Plain Rd, North Smithfield, RI
Fix & Flip
Listed for sale 3 days ago
$ 499,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign391
  • 3 Bed
  • 2 Bath
  • 2950 sft
859 Black Plain Rd, North Smithfield, RI, 02896
Property at 41 Summit Ave, North Smithfield, RI
Fix & Flip
$ 440,000
ROI
27.7ROI percentage
Cash Flow/m
Dollar sign968
  • 4 Bed
  • 3 Bath
  • 1867 sft
41 Summit Ave, North Smithfield, RI, 02896
Property at 210 Black Plain Rd, North Smithfield, RI
Fix & Flip
$ 250,000
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign87
  • 2 Bed
  • 2 Bath
  • 1077 sft
210 Black Plain Rd, North Smithfield, RI, 02896
Property at 1014 Victory Hwy, North Smithfield, RI
Fix & Flip
$ 395,000
ROI
31.2ROI percentage
Cash Flow/m
Dollar sign1262
  • 5 Bed
  • 3 Bath
  • 2732 sft
1014 Victory Hwy, North Smithfield, RI, 02896

Why Invest in North Smithfield, Rhode Island?

North Smithfield, RI offers strong potential for fix-and-flip investments with median home prices around $500K and recent sales up 8% year-over-year. Competitive market dynamics support quick turnarounds, averaging 24-34 days on market. Appreciation trends and tight supply in Rhode Island enhance ROI for targeted renovations. Rental yields remain solid amid modest state-wide growth forecasts for 2026. Investor focus on value-add properties positions fix-and-flips for cap rates above 6%.

12.5%
Avg. ROI
5.2%
Rental Yield
6.1%
Cap Rate
$285/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

Yes, with median prices at $500K and homes selling in 24-34 days, fix-and-flips benefit from competitive demand. Recent 8% price growth supports profitable exits. Tight supply favors renovated properties.

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