High Rental Yield Investment Properties for Sale in Mitchell, SD

Property at Governor's House 3BD - Narrow Lot Plan, Southlake Estates, Mitchell, SD
Listed for sale 1 day ago
$ 270,000
ROI
33.0ROI percentage
Cash Flow/m
Dollar sign994
  • 3 Bed
  • 2 Bath
  • 1200 sft
Governor's House 3BD - Narrow Lot Plan, Southlake Estates, Mitchell, SD, 57301
Property at 422 E 7th Ave, Mitchell, SD
Fix & Flip
$ 104,900
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign172
  • 3 Bed
  • 1 Bath
  • 1353 sft
422 E 7th Ave, Mitchell, SD, 57301
Property at 822 E 7th Ave, Mitchell, SD
$ 180,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign266
  • 3 Bed
  • 2 Bath
  • 1202 sft
822 E 7th Ave, Mitchell, SD, 57301
Property at 616 S Davison St, Mitchell, SD
$ 290,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign251
  • 4 Bed
  • 2 Bath
  • 1930 sft
616 S Davison St, Mitchell, SD, 57301

Why Invest in Mitchell, South Dakota?

Mitchell, SD offers an attractive opportunity for investors seeking high rental yield. With an increasing demand for rental properties, you'll find competitive rental rates, making it a smart choice in today's market. The city's diverse economy and steady job growth further enhance its investment appeal.

8%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Mitchell is approximately 7.5%, making it an attractive market for real estate investors.

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