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

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

Property at 48 Overlea Rd, North Smithfield, RI
$ 430,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign776
  • 3 Bed
  • 2 Bath
  • 1792 sft
48 Overlea Rd, North Smithfield, RI, 02896
Property at 1 Tupperware Dr Unit 244, North Smithfield, RI
$ 499,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign195
  • 2 Bed
  • 2 Bath
  • 1987 sft
1 Tupperware Dr Unit 244, North Smithfield, RI, 02896
Property at 1565 Victory Hwy, North Smithfield, RI
$ 399,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign229
  • 2 Bed
  • 1 Bath
  • 1159 sft
1565 Victory Hwy, North Smithfield, RI, 02896
Property at 84 Crest Rd, North Smithfield, RI
$ 499,900
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign577
  • 4 Bed
  • 2 Bath
  • 2534 sft
84 Crest Rd, North Smithfield, RI, 02896

Why Invest in North Smithfield, Rhode Island?

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.

7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
3.5%
1Y Appreciation

Find Your Perfect Investment Property in North Smithfield, Rhode Island

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