Real Estate Investment Properties for Sale in Smithfield, RI

Looking for investment property in Smithfield, RI with high ROI ?

Explore a variety of short-term homes & houses in Smithfield, RI. Invest wisely with VRBO & Smithfield, RI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Smithfield, RI

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7 Deer Run Trail Smithfield, RI Meticulously maintained ranch with 70 feet of freshwater frontage on Sprague Lower Reservo...	3 beds \| 2 baths \| 1,068 sq.ft.	$485,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 4.02% Airbnb Rental Income: $466 Traditional Rental Income: $2853 Airbnb ROI: -1.83% Traditional ROI: 4.02%
93 Cedar Forest Road Smithfield, RI Stunning 4-Bed, 4-Bath Custom Colonial on Quiet Cul-de-Sac Showcasing approx. 3,800 sq ft ...	4 beds \| 4 baths \| 3,150 sq.ft.	$1,075,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 2.03% Airbnb Rental Income: $1737 Traditional Rental Income: $4254 Airbnb ROI: -0.97% Traditional ROI: 2.03%
230 George Washington Highway Smithfield, RI Attention investors/developers: Buy this single-family home now and develop the property l...	2 beds \| 2 baths \| 1,275 sq.ft.	$2,750,000	Airbnb cash on cash: -0.85% Traditional cash on cash: -0.25% Airbnb Rental Income: $1314 Traditional Rental Income: $2428 Airbnb ROI: -0.85% Traditional ROI: -0.25%
4 Clark Road Smithfield, RI Perfectly situated in the desirable Limerock section of Smithfield, Rhode Island, this bea...	3 beds \| 2 baths \| 1,332 sq.ft.	$599,900	Airbnb cash on cash: -1.76% Traditional cash on cash: 1.79% Airbnb Rental Income: $466 Traditional Rental Income: $2192 Airbnb ROI: -1.76% Traditional ROI: 1.79%
5 Lacey Court Smithfield, RI 5 Lacey Court, known as Woodland House, is is one of five luxury homes set in a quiet cul-...	5 beds \| 4 baths \| 4,981 sq.ft.	$1,395,000	Airbnb cash on cash: -0.94% Traditional cash on cash: -1.48% Airbnb Rental Income: $2951 Traditional Rental Income: $1578 Airbnb ROI: -0.94% Traditional ROI: -1.48%
27 Douglas Circle Smithfield, RI Conveniently located in Smithfield, this property offers easy access to local shopping, di...	3 beds \| 1 baths \| 1,200 sq.ft.	$499,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 3.2% Airbnb Rental Income: $466 Traditional Rental Income: $2427 Airbnb ROI: -1.57% Traditional ROI: 3.2%
40 Waterview Drive #B Smithfield, RI Autumn Run. Beautifully updated throughout, this townhouse is set within one of Smithfield...	2 beds \| 3 baths \| 1,686 sq.ft.	$489,900	Airbnb cash on cash: -1.18% Traditional cash on cash: 3.54% Airbnb Rental Income: $1314 Traditional Rental Income: $3070 Airbnb ROI: -1.18% Traditional ROI: 3.54%
1 Victoria Drive Smithfield, RI Beautifully updated and meticulously maintained home featuring exceptional upgrades inside...	4 beds \| 3 baths \| 2,879 sq.ft.	$1,299,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 1.41% Airbnb Rental Income: $1737 Traditional Rental Income: $4054 Airbnb ROI: -0.9% Traditional ROI: 1.41%
30 Tarklin Road Smithfield, RI Nestled in a serene, wooded setting overlooking a tranquil pond, this property offers a ra...	1 beds \| 2 baths \| 1,843 sq.ft.	$550,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 3.64% Airbnb Rental Income: $958 Traditional Rental Income: $3188 Airbnb ROI: -1.38% Traditional ROI: 3.64%
1 Capron Road Smithfield, RI Charming single-family home in beautiful Smithfield, RI, featuring 3 bedrooms and 1 full b...	3 beds \| 1 baths \| 1,128 sq.ft.	$425,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 4.27% Airbnb Rental Income: $466 Traditional Rental Income: $2590 Airbnb ROI: -1.74% Traditional ROI: 4.27%
70 Cedar Swamp Road Smithfield, RI Brand-new and beautifully built! This 2,400 sq. ft. 4 bedroom, 2.5 bathroom colonial is pe...	4 beds \| 3 baths \| 2,472 sq.ft.	$779,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.76% Airbnb Rental Income: $1737 Traditional Rental Income: $3726 Airbnb ROI: 0.36% Traditional ROI: 3.76%
1283 Douglas Pike Smithfield, RI Charming and well-maintained Cape-style home set on just under a half-acre lot, offering a...	2 beds \| 1 baths \| 1,192 sq.ft.	$465,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.26% Airbnb Rental Income: $1314 Traditional Rental Income: $2349 Airbnb ROI: -0.06% Traditional ROI: 3.26%
2 Old County Village Road #A Smithfield, RI Welcome to Old County Village Way-Smithfield's newest condominium development. This beauti...	3 beds \| 3 baths \| 2,200 sq.ft.	$649,500	Airbnb cash on cash: -2.99% Traditional cash on cash: 2.17% Airbnb Rental Income: $466 Traditional Rental Income: $3325 Airbnb ROI: -2.99% Traditional ROI: 2.17%
35 Fenwood Avenue Smithfield, RI Smithfield! Beautifully renovated Contemporary featuring 4 bedrooms and 2 updated bathroom...	4 beds \| 2 baths \| 1,703 sq.ft.	$499,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 4.95% Airbnb Rental Income: $1737 Traditional Rental Income: $3422 Airbnb ROI: 0.32% Traditional ROI: 4.95%
9 Stoneridge Road Smithfield, RI Experience refined living at West River Estates, Smithfield's premier new development. Thi...	4 beds \| 3 baths \| 2,300 sq.ft.	$899,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.98% Airbnb Rental Income: $1737 Traditional Rental Income: $3947 Airbnb ROI: -1.23% Traditional ROI: 1.98%
2 Old County Village Road #B Smithfield, RI Welcome to Old County Village Way-Smithfield's newest condominium development. This beauti...	3 beds \| 3 baths \| 2,200 sq.ft.	$649,500	Airbnb cash on cash: -2.44% Traditional cash on cash: 3.48% Airbnb Rental Income: $466 Traditional Rental Income: $3790 Airbnb ROI: -2.44% Traditional ROI: 3.48%
191 Rocky Hill Road Smithfield, RI Welcome to PARADISE! Wrapped in Cedar Impressions vinyl siding, this stunning 6-year-young...	3 beds \| 2 baths \| 2,154 sq.ft.	$1,299,900	Airbnb cash on cash: -1.64% Traditional cash on cash: 1.1% Airbnb Rental Income: $466 Traditional Rental Income: $3510 Airbnb ROI: -1.64% Traditional ROI: 1.1%
40 Farnum Pike #3 Smithfield, RI Welcome to Riverbend Condominiums, a four-unit development situated in the desirable Smith...	3 beds \| 3 baths \| 1,600 sq.ft.	$435,000	Airbnb cash on cash: -1.92% Traditional cash on cash: 6.01% Airbnb Rental Income: $466 Traditional Rental Income: $3430 Airbnb ROI: -1.92% Traditional ROI: 6.01%
8 Crabapple Lane Smithfield, RI Beautiful 4-bedroom, 2.5-bath home in desirable Greenville. Features gleaming hardwood flo...	4 beds \| 3 baths \| 1,692 sq.ft.	$699,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.31% Airbnb Rental Income: $1737 Traditional Rental Income: $3498 Airbnb ROI: -0.12% Traditional ROI: 3.31%
40 Farnum Pike #4 Smithfield, RI Welcome to Riverbend Condominiums, a four-unit development situated in the desirable Smith...	3 beds \| 3 baths \| 1,600 sq.ft.	$435,000	Airbnb cash on cash: -1.92% Traditional cash on cash: 6.01% Airbnb Rental Income: $466 Traditional Rental Income: $3430 Airbnb ROI: -1.92% Traditional ROI: 6.01%
52 Lincoln Street Smithfield, RI *HIGHEST & BEST DUE MONDAY 4/20 BY 5PM. Seller reserves the right to accept an offer at an...	8 beds \| 4 baths \| N/A	$749,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.69% Airbnb Rental Income: $2951 Traditional Rental Income: $4190 Airbnb ROI: 0.94% Traditional ROI: 3.69%
15 Higgins Street #201 Smithfield, RI Mixing historic character with modern amenities, this two-bed, one-bath property in The Ho...	2 beds \| 1 baths \| 1,018 sq.ft.	$279,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 5.8% Airbnb Rental Income: $1314 Traditional Rental Income: $2159 Airbnb ROI: 1.04% Traditional ROI: 5.8%
36 Brayton Road Smithfield, RI Great opportunity in a desirable location, priced to build instant equity. This spacious 3...	3 beds \| 3 baths \| 1,710 sq.ft.	$499,900	Airbnb cash on cash: -2.01% Traditional cash on cash: 4.73% Airbnb Rental Income: $466 Traditional Rental Income: $3348 Airbnb ROI: -2.01% Traditional ROI: 4.73%
10 Pheasant Run #A Smithfield, RI Opportunity in Pheasant Ridge! This condo is ready for updates and offers strong potential...	2 beds \| 2 baths \| 1,280 sq.ft.	$250,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 8.59% Airbnb Rental Income: $1314 Traditional Rental Income: $2693 Airbnb ROI: 1.02% Traditional ROI: 8.59%
11 Fox Run Trail Smithfield, RI Custom New Construction \| 4 Beds \| 2.5 Baths \| 2,236 Sq Ft \| Smithfield / Greenville, RI W...	4 beds \| 3 baths \| 2,236 sq.ft.	$1,100,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 1.18% Airbnb Rental Income: $1737 Traditional Rental Income: $3984 Airbnb ROI: -1.48% Traditional ROI: 1.18%
253 Waterman Avenue Smithfield, RI Rare Opportunity in Smithfield! Affordable two-family home on a double lot - sale includes...	4 beds \| 2 baths \| N/A	$399,999	Airbnb cash on cash: 0.88% Traditional cash on cash: 6.62% Airbnb Rental Income: $1737 Traditional Rental Income: $3411 Airbnb ROI: 0.88% Traditional ROI: 6.62%
10 Pheasant Run #B Smithfield, RI Welcome to this beautifully maintained townhouse-style condo located in the highly desirab...	2 beds \| 2 baths \| 1,280 sq.ft.	$349,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.71% Airbnb Rental Income: $1314 Traditional Rental Income: $2635 Airbnb ROI: 0.45% Traditional ROI: 5.71%
18 Adelaide Avenue Smithfield, RI Come enjoy easy, one-level living at 18 Adelaide Ave in Smithfield. This well-maintained 2...	2 beds \| 1 baths \| 936 sq.ft.	$385,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.98% Airbnb Rental Income: $1314 Traditional Rental Income: $2247 Airbnb ROI: 0.27% Traditional ROI: 3.98%
5 Dongay Road Smithfield, RI Welcome home to this well-maintained 3-bedroom, 1.5-bath raised ranch located in a beautif...	3 beds \| 2 baths \| 1,976 sq.ft.	$649,999	Airbnb cash on cash: -1.7% Traditional cash on cash: 3.54% Airbnb Rental Income: $466 Traditional Rental Income: $3373 Airbnb ROI: -1.7% Traditional ROI: 3.54%

Real Estate investment in Smithfield, RI

There are 29 properties for sale in the city of Smithfield . The median list price in Smithfield is $504,990 and the average price per square foot is $211. In May 2026, the average monthly cash on cash return in Smithfield is 4.00%. The average monthly rental income in Smithfield is $3,337.

Smithfield, RI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 29 investment properties available for sale in Smithfield.

In 2026, the best neighborhood to buy investment property is Smithfield.

The ROI for Long-Term is higher than the Short-Term in Smithfield with average rental income of $3,337.

Your search for investment property begins and ends here

Investment Property for Sale in Smithfield, RI

7 Deer Run Trail

Smithfield, RI

3 beds | 2 baths | 1,068 sq.ft.

$485,000

Airbnb cash on cash: -1.83%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $466

Traditional Rental Income: $2853

Airbnb ROI: -1.83%

Traditional ROI: 4.02%

93 Cedar Forest Road

Smithfield, RI

4 beds | 4 baths | 3,150 sq.ft.

$1,075,000

Airbnb cash on cash: -0.97%

Traditional cash on cash: 2.03%

Airbnb Rental Income: $1737

Traditional Rental Income: $4254

Airbnb ROI: -0.97%

Traditional ROI: 2.03%

230 George Washington Highway

Smithfield, RI

2 beds | 2 baths | 1,275 sq.ft.

$2,750,000

Airbnb cash on cash: -0.85%

Traditional cash on cash: -0.25%

Airbnb Rental Income: $1314

Traditional Rental Income: $2428

Airbnb ROI: -0.85%

Traditional ROI: -0.25%

4 Clark Road

Smithfield, RI

3 beds | 2 baths | 1,332 sq.ft.

$599,900

Airbnb cash on cash: -1.76%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $466

Traditional Rental Income: $2192

Airbnb ROI: -1.76%

Traditional ROI: 1.79%

5 Lacey Court

Smithfield, RI

5 beds | 4 baths | 4,981 sq.ft.

$1,395,000

Airbnb cash on cash: -0.94%

Traditional cash on cash: -1.48%

Airbnb Rental Income: $2951

Traditional Rental Income: $1578

Airbnb ROI: -0.94%

Traditional ROI: -1.48%

27 Douglas Circle

Smithfield, RI

3 beds | 1 baths | 1,200 sq.ft.

$499,900

Airbnb cash on cash: -1.57%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $466

Traditional Rental Income: $2427

Airbnb ROI: -1.57%

Traditional ROI: 3.2%

40 Waterview Drive #B

Smithfield, RI

2 beds | 3 baths | 1,686 sq.ft.

$489,900

Airbnb cash on cash: -1.18%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1314

Traditional Rental Income: $3070

Airbnb ROI: -1.18%

Traditional ROI: 3.54%

1 Victoria Drive

Smithfield, RI

4 beds | 3 baths | 2,879 sq.ft.

$1,299,900

Airbnb cash on cash: -0.9%

Traditional cash on cash: 1.41%

Airbnb Rental Income: $1737

Traditional Rental Income: $4054

Airbnb ROI: -0.9%