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

Under $300K Investment Properties for Sale in Mitchell, SD

Property at 1201 N Capital St, Mitchell, SD
$ 290,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign69
  • 3 Bed
  • 2 Bath
  • 2002 sft
1201 N Capital St, Mitchell, SD, 57301
Property at 508 N Rowley St, Mitchell, SD
$ 109,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign180
  • 3 Bed
  • 2 Bath
  • 1789 sft
508 N Rowley St, Mitchell, SD, 57301
Property at 419 S Duff St, Mitchell, SD
$ 135,000
ROI
30.2ROI percentage
Cash Flow/m
Dollar sign394
  • 2 Bed
  • - Bath
  • 844 sft
419 S Duff St, Mitchell, SD, 57301
Property at 808 E 7th Ave, Mitchell, SD
$ 199,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign173
  • 3 Bed
  • 1 Bath
  • 936 sft
808 E 7th Ave, Mitchell, SD, 57301

Why Invest in Mitchell, South Dakota?

Discover investment opportunities in Mitchell, SD properties under $300k, offering strong value in a growing market. Recent data shows median home prices around $266K-$270K, with 22% year-over-year appreciation in some periods. Rental yields remain attractive due to stable demand and low vacancy in this Midwest hub. Cap rates hover competitively, supported by consistent cash flow from renters. Economic stability from local employers enhances long-term holding potential.

8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
5.2%
1Y Appreciation

Frequently Asked Questions

Investors can expect avg ROI around 8-9% with rental yields of 7% from $1,100 monthly rents. Cash flow averages $450/month after expenses. Appreciation supports 5% annual gains based on recent trends.

Find Your Perfect Investment Property in Mitchell, South Dakota

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Mitchell, SD
Fix and Flip Properties in Mitchell, SD
Short-Term Rental Properties in Mitchell, SD
AI