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

Under $300K Investment Properties for Sale in North Smithfield, RI

Why Invest in North Smithfield, Rhode Island?

North Smithfield, RI offers compelling opportunities for properties under $300k, appealing to value-focused investors seeking entry-level single-family homes and land parcels. Stable rental demand from proximity to Providence supports consistent cash flow. With cap rates around 6-7% and annual appreciation of 4%, these assets deliver solid returns. Low vacancy rates and growing renter occupancy enhance long-term holding potential. Economic ties to manufacturing and healthcare bolster investment resilience here.

8.5%
Avg. ROI
6.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.1%
1Y Appreciation

Frequently Asked Questions

Primarily single-family homes, condos, and land parcels ranging from 0.5 to 15 acres. Many listings suit fix-and-flip or rental conversions. Inventory includes both move-in ready and development opportunities.

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