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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
Listed for sale 1 day ago
$ 495,000
ROI
30.9
Cash 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
Listed for sale 5 days ago
$ 425,000
ROI
21.4Cash Flow/m
191- 2 Bed
- 1 Bath
- 1262 sft
12 Cypress Dr, 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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