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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
Listed for sale 3 days ago
$ 499,999
ROI
20.7Cash Flow/m
125- 4 Bed
- 3 Bath
- 2884 sft
1919 Waterfall Cir, 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
$ 249,900
ROI
19.9Cash Flow/m
7- 4 Bed
- 2 Bath
- 2265 sft
1309 4th St, Brookings, SD, 57006
Why Invest in Brookings, South Dakota?
Brookings, SD offers strong investment opportunities in properties under $500K, driven by South Dakota State University and a stable local economy. Average rents support solid cash flow while home prices remain accessible for entry-level investors. The city's renter-occupied housing exceeds 40%, bolstered by student demand and job growth in agribusiness and tech. Annual appreciation around 4-5% reflects steady demand in this growing college town. Cap rates of 6-8% make under-$500K single-family homes particularly attractive for passive income.
8.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.8%
1Y Appreciation
Find Your Perfect Investment Property in Brookings, South Dakota
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