High Yield Properties in North Smithfield, RI (8%+ Yield) | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

High Rental Yield Investment Properties for Sale in North Smithfield, RI

Why Invest in North Smithfield, Rhode Island?

North Smithfield, RI offers **high rental yield** opportunities for investors seeking strong cash flow in a stable suburban market. Average rents around $2,000/month exceed national averages by 23-26%, supporting yields above 6%.[1][2] Proximity to Providence drives demand from commuters, with home values at $502K and 1.5% appreciation.[7] Low vacancy and steady 0.9-1% rent growth provide reliable income streams.[1] Renter-occupied rates remain strong in this growing RI community.

7.2%
Avg. ROI
6.8%
Rental Yield
5.9%
Cap Rate
$1850/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
1.5%
1Y Appreciation

Frequently Asked Questions

As of January 2026, average rent is $1,995-$2,050/month, 23-26% above national averages.[1][2][3] Studios start at $1,695, one-bedrooms at $1,995. This supports high rental yields for investors.

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