Smithfield, RI — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

1.7%

Below average

Monthly Cash Flow

-$2,019

After all expenses

Price-to-Rent

24.0

Overpriced for rent

DSCR

0.28

Fails

📊 Key Metrics

Median Home Price
$521,604
Average Rent (3BR)
$1,825/mo
Price-to-Rent Ratio
24.0(high)
1% Rule
0.35%(fails — need 1%+)
Cash-on-Cash Return
-20.2%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Smithfield for Investors

02828
Cap Rate: 2.0%Cash Flow: -$1,923/mo$523,797
02917
Cap Rate: 1.5%Cash Flow: -$2,115/mo$519,411

All Zip Codes in Smithfield

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
028282.0%-$1,923$523,797$1,960/mo0.31
029171.5%-$2,115$519,411$1,690/mo0.24