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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Smithfield, RI
Fix & Flip
Listed for sale 1 day ago
$ 350,000
ROI
23.2
Cash Flow/m
332- 1 Bed
- 1 Bath
- 1348 sft
100 Swan Rd, Smithfield, RI, 02917
$ 465,000
ROI
22.2Cash Flow/m
311- 2 Bed
- 1 Bath
- 1196 sft
1283 Douglas Pike, Smithfield, RI, 02917
$ 329,900
ROI
30.6Cash Flow/m
992- 3 Bed
- 1 Bath
- 1347 sft
30 Lakeview Dr, Smithfield, RI, 02828
$ 469,900
ROI
22.7Cash Flow/m
384- 3 Bed
- 1 Bath
- 1612 sft
50 Indian Run Trl, Smithfield, RI, 02917
Why Invest in Smithfield, Rhode Island?
Single-family homes in Smithfield, RI offer stable investment opportunities with competitive cap rates and steady appreciation. Proximity to Providence supports reliable rental demand from commuters and families. Average rents hold firm around $2,200 monthly, yielding solid cash flow. Renter occupancy exceeds 35%, bolstered by modest home value growth of 2-3% annually. Limited supply in this suburban market enhances long-term equity buildup.
7.2%
Avg. ROI
5.1%
Rental Yield
5.8%
Cap Rate
$1850/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
2.7%
1Y Appreciation
Frequently Asked Questions
Average ROI stands at 7.2% based on current cap rates and appreciation trends. This factors in steady rents around $2,200 monthly. Investors benefit from low vacancy and suburban stability.
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