Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Smithfield, RI
Listed for sale 2 days ago
$ 475,000
ROI
23.9
Cash Flow/m
553- 4 Bed
- 2 Bath
- 2233 sft
2 Whitman St, Smithfield, RI, 02917
$ 339,000
ROI
22.7Cash Flow/m
277- 4 Bed
- 2 Bath
- 1560 sft
5 Minoru St, Smithfield, RI, 02917
$ 779,000
ROI
26.5Cash Flow/m
1385- 6 Bed
- 6 Bath
- 4523 sft
0 Pleasant View Ave, Smithfield, RI, 02828
$ 435,000
ROI
26.6Cash Flow/m
832- 3 Bed
- 3 Bath
- 1600 sft
40 Farnum Pike #3, Smithfield, RI, 02917
Why Invest in Smithfield, Rhode Island?
Smithfield, RI offers strong investment potential with its competitive housing market and steady appreciation. Average home values have risen 2.7-3.5% annually, supporting solid returns for investors[2][4]. Renter-occupied units at 25% provide reliable demand, complemented by cap rates around 5-6%. Proximity to Providence enhances appeal for cash flow-focused properties. Low vacancy and quick sales (10-19 days) signal market strength[1][3].
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$2250/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Median sale prices range from $480k to $500k as of late 2025. Values show 2.7-3.5% appreciation year-over-year. Competitive market sees quick sales in 10-19 days.
Find Your Perfect Investment Property in Smithfield, Rhode Island
Explore investment opportunities by strategy, performance, or property type
