Under $300K Investment Properties for Sale in Box Elder, SD

Discover investment opportunities in Box Elder, SD under $300k, where affordable single-family homes offer strong entry points for cash-flowing rentals. Proximity to Ellsworth Air Force Base drives consistent rental demand from military personnel. Expect solid **cap rates** around 7-8% with average rents supporting positive cash flow. Annual appreciation holds steady at 4-5%, bolstered by regional job growth. Low vacancy rates under 5% make this a resilient market for long-term investors.