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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Smithfield, RI
Listed for sale 1 day ago
$ 399,000
ROI
20.4
Cash Flow/m
74- 2 Bed
- 2 Bath
- 1200 sft
1 Magnum Ct APT 5, Smithfield, RI, 02917
Listed for sale 1 day ago
$ 495,000
ROI
30.9Cash Flow/m
1539- 3 Bed
- 1 Bath
- 1932 sft
48 Lakeside Dr, Smithfield, RI, 02917
Listed for sale 1 day ago
$ 569,900
ROI
25.3Cash Flow/m
822- 4 Bed
- 3 Bath
- 2800 sft
14 Elmhurst Dr, Smithfield, RI, 02828
Listed for sale 1 day ago
$ 489,900
ROI
27.5Cash Flow/m
1055- 4 Bed
- 2 Bath
- 2151 sft
35 Fenwood Ave, Smithfield, RI, 02917
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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