Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Smithfield, RI
Fix & Flip
Listed for sale 1 day ago
$ 299,900
ROI
21.4
Cash Flow/m
139- 1 Bed
- 1 Bath
- 1106 sft
1162 Douglas Pike, Smithfield, RI, 02917
Motivated Seller
$ 299,000
ROI
22.3Cash Flow/m
208- 3 Bed
- 2 Bath
- 1414 sft
13 Willow Rd, Smithfield, RI, 02828
$ 300,000
ROI
23.5Cash Flow/m
311- 2 Bed
- 1 Bath
- 1153 sft
21 Higgins St APT 107, Smithfield, RI, 02917
$ 275,000
ROI
23.1Cash Flow/m
254- 1 Bed
- 1 Bath
- 1004 sft
15 Higgins St APT 221, Smithfield, RI, 02917
Why Invest in Smithfield, Rhode Island?
Discover investment opportunities in Smithfield, RI under $300k, where affordable entry points meet steady rental demand. Proximity to Providence offers commuters access to jobs while enjoying suburban appeal. Renter-occupied rates hover around 25%, supporting reliable cash flows. Annual appreciation averages 4%, bolstered by regional economic growth. Cap rates near 6% make these properties attractive for value-add strategies.
8.5%
Avg. ROI
6.2%
Rental Yield
6.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, limited inventory exists for single-family homes and condos under $300k. These properties often appeal to first-time investors due to low entry costs. Check local trends for current listings.
Find Your Perfect Investment Property in Smithfield, Rhode Island
Explore investment opportunities by strategy, performance, or property type
