Single Family Investment Properties for Sale in North Smithfield, RI


249- 3 Bed
- 2 Bath
- 1603 sft


224- 3 Bed
- 2 Bath
- 2041 sft


125- 3 Bed
- 3 Bath
- 2316 sft


87- 2 Bed
- 2 Bath
- 1077 sft
Why Invest in North Smithfield, Rhode Island?
North Smithfield, RI offers strong potential for single-family home investments with its affluent suburban appeal and stable population. Median household income exceeds $107,000, supporting robust rental demand and low vacancy risks[1][2][3]. Annual appreciation around 3-4% reflects steady growth in this Providence County town[1][2]. Rental yields average 5-6% with cap rates of 6%, ideal for cash-flowing single-family properties[1][3]. Low poverty at 5% and high homeownership indicate a reliable tenant base[2]. Proximity to major employers enhances long-term value.
Frequently Asked Questions
The median household income is $107,813 as of 2023 data. This exceeds nearby towns and supports strong rental affordability. Families earn a median of $138,716.
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