Single Family Investment Properties in Mitchell, SD | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Single Family Investment Properties for Sale in Mitchell, SD

Why Invest in Mitchell, South Dakota?

Discover strong investment potential in Mitchell, SD single-family homes, where steady appreciation and solid rental demand create reliable cash flow. Home values have risen 4.8-5.2% annually, with median prices around $254K-$270K. Renter-occupied rates exceed 30%, supporting consistent yields. Cap rates hover at 6-7% amid balanced supply. Low vacancy and growing incomes make these properties ideal for long-term investors.

8.5%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

Average ROI stands at 8.5%, driven by 5% appreciation and 6.8% rental yields. Cash flow averages $450 monthly after expenses. These metrics reflect stable demand and low vacancy.

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