High ROI Investment Properties for Sale in Smithfield, RI
Fix & Flip
Listed for sale 4 days ago
$ 439,900
ROI
23.6
Cash Flow/m
468- 3 Bed
- 1 Bath
- 1128 sft
399 Farnum Pike, Smithfield, RI, 02917
Listed for sale 4 days ago
$ 249,900
ROI
22.5Cash Flow/m
188- 1 Bed
- 1 Bath
- 725 sft
15 Higgins St APT 225, Smithfield, RI, 02917
Listed for sale 4 days ago
$ 574,000
ROI
22.6Cash Flow/m
404- 3 Bed
- 2 Bath
- 1807 sft
15 Williams Rd, Smithfield, RI, 02917
Listed for sale 5 days ago
$ 775,000
ROI
21.0Cash Flow/m
202- 4 Bed
- 3 Bath
- 3648 sft
82 Mapleville Rd, Smithfield, RI, 02828
Why Invest in Smithfield, Rhode Island?
High ROI properties in Smithfield, RI, stand out for investors seeking strong returns in a stable suburban market. Proximity to Providence drives consistent rental demand from commuters and families. With solid appreciation and favorable cap rates around 6-7%, these investments offer reliable cash flow. Low vacancy supports steady income, bolstered by local economic growth. Ideal for long-term holds with balanced risk and reward.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$2250/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
High ROI stems from solid rental yields around 6% and low vacancy due to commuter demand. Appreciation averages 4% annually, supported by proximity to Providence jobs. Stable economics minimize risks for investors.
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