Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Mitchell, SD
$ 182,500
ROI
29.4
Cash Flow/m
492- 2 Bed
- 2 Bath
- 1272 sft
920 W Norway Ave, Mitchell, SD, 57301
$ 184,500
ROI
25.0Cash Flow/m
270- 2 Bed
- 2 Bath
- 1272 sft
920 W Norway Ave APT 201, Mitchell, SD, 57301
$ 285,900
ROI
21.2Cash Flow/m
113- 2 Bed
- 3 Bath
- 1368 sft
1117 S Anderson St, Mitchell, SD, 57301
$ 283,900
ROI
22.1Cash Flow/m
188- 2 Bed
- 3 Bath
- 1368 sft
1119 S Anderson St, Mitchell, SD, 57301
Why Invest in Mitchell, South Dakota?
Townhouses in Mitchell, SD offer stable investment opportunities in a growing Midwest market. Average rental yields hover around 7-8% with cap rates of 8-9%. Renter occupancy remains high at 35%, supported by local job growth. Annual appreciation averages 3-4%, driven by steady population increases. Cash flow potential is strong for affordable townhome properties.
9.5%
Avg. ROI
7.8%
Rental Yield
8.7%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Average monthly rent for townhouses is around $950. This supports solid cash flow for investors. Rates vary by size and location per Census housing data.
Find Your Perfect Investment Property in Mitchell, South Dakota
Explore investment opportunities by strategy, performance, or property type
