Townhouse Investment Properties for Sale in Smithfield, RI
$ 389,900
ROI
24.8
Cash Flow/m
545- 2 Bed
- 2 Bath
- 1280 sft
127 Pleasant View Ave APT 40, Smithfield, RI, 02917
$ 350,000
ROI
28.7Cash Flow/m
875- 2 Bed
- 2 Bath
- 1180 sft
2304 Pinewood Dr, Smithfield, RI, 02917
$ 365,000
ROI
25.4Cash Flow/m
568- 2 Bed
- 2 Bath
- 1280 sft
3 Quail Cir #A, Smithfield, RI, 02917
$ 369,900
ROI
25.0Cash Flow/m
539- 2 Bed
- 2 Bath
- 1280 sft
22 Pheasant Run #A, Smithfield, RI, 02917
Why Invest in Smithfield, Rhode Island?
Townhouses in Smithfield, RI offer strong investment potential with stable rental demand from professionals and families. Proximity to Providence supports consistent occupancy and appreciation. Average rents around $2,000 monthly yield solid cash flow. Cap rates hover at 5-6% amid low vacancy rates. Economic growth in the region bolsters long-term returns.
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$2100/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer strong rental yields around 5.8% due to proximity to Providence jobs. Low vacancy rates and steady appreciation make them reliable. Demand from families and professionals remains consistent.
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