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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Smithfield, RI
$ 330,000
ROI
22.2
Cash Flow/m
223- 2 Bed
- 2 Bath
- 1024 sft
407 Pinewood Dr, Smithfield, RI, 02917
$ 300,000
ROI
23.5Cash Flow/m
311- 2 Bed
- 1 Bath
- 1153 sft
21 Higgins St APT 107, Smithfield, RI, 02917
$ 360,000
ROI
21.9Cash Flow/m
211- 2 Bed
- 2 Bath
- 1378 sft
6 Grouse Trl #B, Smithfield, RI, 02917
$ 410,000
ROI
23.5Cash Flow/m
426- 2 Bed
- 3 Bath
- 2262 sft
29 Waterview Dr UNIT 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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