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

Multi Family Investment Properties for Sale in North Smithfield, RI

Why Invest in North Smithfield, Rhode Island?

Multi-family properties in North Smithfield, RI offer stable investment opportunities in a suburban Providence County town with steady population growth. High median household incomes around $108k support strong rental demand from renters seeking quality housing. The area's 1.3% annual population growth and low poverty rate of 5% create favorable conditions for consistent cash flow. Investors benefit from competitive cap rates and appreciation potential near major employment hubs. Low vacancy trends and proximity to urban centers enhance long-term returns.

7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

High median incomes of $107k and 1.3% population growth drive rental demand. Low poverty and stable demographics ensure consistent occupancy for multi-family properties. Proximity to Providence employment hubs enhances cash flow potential.

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