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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
Motivated Seller
Listed for sale 1 day ago
$ 649,900
ROI
23.9
Cash Flow/m
692- 4 Bed
- 2 Bath
- 3206 sft
7 Karen Ann Dr, Smithfield, RI, 02917
Listed for sale 5 days ago
$ 369,900
ROI
29.6Cash Flow/m
1017- 3 Bed
- 1 Bath
- 1508 sft
3 Minoru St, Smithfield, RI, 02917
$ 599,000
ROI
22.4Cash Flow/m
391- 3 Bed
- 2 Bath
- 1807 sft
15 Williams Rd, Smithfield, RI, 02917
$ 525,000
ROI
25.7Cash Flow/m
812- 3 Bed
- 2 Bath
- 1952 sft
3 Whipple Ave, 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.
Find Your Perfect Investment Property in Smithfield, Rhode Island
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