Under $500K Investment Properties for Sale in North Smithfield, RI

Discover investment opportunities in North Smithfield, RI with properties under $500k offering strong potential for cash flow and appreciation. This suburb of Providence features single-family homes and condos at accessible price points, ideal for rental portfolios. Average rents support healthy yields around 6-7%, bolstered by proximity to employment hubs. Stable renter occupancy near 35% reflects consistent demand. Cap rates hover at 5-6% with moderate annual appreciation of 3-4% based on regional trends.