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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 3 days ago
$ 190,300
ROI
25.3
Cash Flow/m
294- 4 Bed
- 2 Bath
- 2286 sft
212 W Elizabeth St, Pierre, SD, 57501
$ 143,900
ROI
24.3Cash Flow/m
181- 3 Bed
- 2 Bath
- 1527 sft
100 Mars St, Pierre, SD, 57501
$ 105,900
ROI
24.9Cash Flow/m
152- 3 Bed
- 2 Bath
- 1216 sft
2852 Kay 2852 Kay, Pierre, SD, 57501
$ 135,900
ROI
30.4Cash Flow/m
404- 3 Bed
- 2 Bath
- 1325 sft
2803 E Kay St, 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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