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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Pierre, SD
Motivated Seller
Listed for sale 5 days ago
$ 190,300
ROI
24.1
Cash Flow/m
229- 4 Bed
- 2 Bath
- 2286 sft
212 W Elizabeth St, Pierre, SD, 57501
Listed for sale 6 days ago
$ 120,000
ROI
26.4Cash Flow/m
223- 1 Bed
- 1 Bath
- 998 sft
407 N Euclid Ave, Pierre, SD, 57501
$ 149,900
ROI
25.8Cash Flow/m
253- 2 Bed
- 2 Bath
- - sft
326 E Missouri Ave, Pierre, SD, 57501
$ 199,500
ROI
22.4Cash Flow/m
148- 2 Bed
- 1 Bath
- - sft
306 S Harrison Ave, Pierre, SD, 57501
Why Invest in Pierre, South Dakota?
Pierre, SD offers strong investment potential in homes under $200k, with affordable entry points for cash-flowing properties. State capital stability supports consistent rental demand from government workers. Average cap rates around 7-8% and rental yields of 8-10% make these deals attractive. Low vacancy and steady appreciation add long-term value for investors.
9.5%
Avg. ROI
9.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, multiple single-family homes and lots under $200k are listed in Pierre and nearby Fort Pierre. These properties often feature 2-3 bedrooms suitable for rentals. Check government census data for long-term value trends.
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