Single Family 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
$ 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
Listed for sale 7 days ago
$ 539,900
ROI
26.3Cash Flow/m
929- 3 Bed
- 3 Bath
- 1703 sft
666 Putnam Pike, Smithfield, RI, 02828
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.
Find Your Perfect Investment Property in Smithfield, Rhode Island
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