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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Brookings, SD
Listed for sale 2 days ago
$ 269,900
ROI
22.2
Cash Flow/m
183- 5 Bed
- 3 Bath
- 1750 sft
720 6th Ave S, Brookings, SD, 57006
Fix & Flip
$ 159,500
ROI
31.3Cash Flow/m
514- 2 Bed
- 2 Bath
- 850 sft
815 2nd St, Brookings, SD, 57006
$ 334,900
ROI
23.1Cash Flow/m
312- 4 Bed
- 2 Bath
- 2279 sft
1516 17th Ave S, Brookings, SD, 57006
$ 305,000
ROI
23.6Cash Flow/m
330- 5 Bed
- 2 Bath
- 2208 sft
1112 Forest St, Brookings, SD, 57006
Why Invest in Brookings, South Dakota?
Brookings, SD offers high rental yield opportunities driven by steady demand from South Dakota State University students and local professionals. Investors benefit from below-national-average rents around $1,200 monthly paired with stable property values. Renter occupancy exceeds 40%, supporting consistent cash flow. Annual appreciation around 3% adds long-term value. Cap rates of 7-9% make it attractive for yield-focused portfolios.
8.5%
Avg. ROI
8.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1180/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Strong demand from SDSU students and faculty keeps occupancy high at over 40%. Rents average $1,180, 30% below national levels, boosting yields to 8%+. Stable economy minimizes vacancy risks.
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