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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Smithfield, RI
Listed for sale 1 day ago
$ 399,000
ROI
20.4
Cash Flow/m
74- 2 Bed
- 2 Bath
- 1200 sft
1 Magnum Ct APT 5, Smithfield, RI, 02917
Listed for sale 5 days ago
$ 354,900
ROI
28.3Cash Flow/m
843- 2 Bed
- 2 Bath
- 1180 sft
2705 Pinewood Dr, Smithfield, RI, 02917
$ 368,000
ROI
24.4Cash Flow/m
477- 2 Bed
- 2 Bath
- 1280 sft
1 Grouse Trl #B, Smithfield, RI, 02917
$ 339,999
ROI
25.0Cash Flow/m
491- 2 Bed
- 2 Bath
- 1280 sft
3 Quail Cir #B, 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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