Under $200K Investment Properties for Sale in South Dakota

Listed for sale 1 day ago
$ 199,900
ROI
25.6
Cash Flow/m
328- 2 Bed
- 1 Bath
- 1568 sft
206 5th St NE, Watertown, SD, 57201

Listed for sale 1 day ago
$ 130,000
ROI
25.9
Cash Flow/m
223- 3 Bed
- 2 Bath
- - sft
338 Evans Ln Lot 27, Spearfish, SD, 57783

Rental Income
Listed for sale 1 day ago
$ 150,000
ROI
23.0
Cash Flow/m
134- - Bed
- - Bath
- 2770 sft
415 W 11th St, Sioux Falls, SD, 57104

Currently Rented
Listed for sale 1 day ago
$ 195,000
ROI
31.8
Cash Flow/m
652- 3 Bed
- 2 Bath
- - sft
300 E Main St Lot 27, Hermosa, SD, 57744
Why Invest in South Dakota?
San Diego offers rare investment opportunities under $200k, primarily in manufactured homes and land parcels. These budget-friendly assets deliver solid **rental yields** around 8-10% with **cap rates** of 6-8%. Steady **appreciation** of 4-5% annually supports long-term growth. **Renter-occupied** housing at 55% ensures reliable cash flow. Ideal for investors targeting affordable entry into California's prime market.
9.5%
Avg. ROI
9.2%
Rental Yield
7.1%
Cap Rate
$650/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.8%
1Y Appreciation
Frequently Asked Questions
Yes, primarily manufactured homes and land parcels in communities like Del Sol Blvd and mobile parks. Around 300 listings exist per recent market scans. These offer entry-level investment with strong rental potential.
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