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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Spearfish, SD
$ 425,000
ROI
19.9
Cash Flow/m
11- 4 Bed
- 3 Bath
- 2612 sft
2307 5th Ave, Spearfish, SD, 57783
$ 349,000
ROI
22.9Cash Flow/m
305- 3 Bed
- 2 Bath
- 1768 sft
1028 S 35th St, Spearfish, SD, 57783
$ 325,000
ROI
24.1Cash Flow/m
393- 3 Bed
- 3 Bath
- 1581 sft
1425 Lookout Valley Ct, Spearfish, SD, 57783
$ 299,900
ROI
21.6Cash Flow/m
154- 2 Bed
- 2 Bath
- 1063 sft
1320 Silverbrook Ln, Spearfish, SD, 57783
Why Invest in Spearfish, South Dakota?
Spearfish, SD townhouses offer strong investment potential in the Black Hills region. Stable rental demand from tourism and local professionals supports consistent cash flow. With cap rates around 6-7% and annual appreciation of 4%, these properties deliver solid returns. Low vacancy rates and growing population make townhouses a smart choice for passive income. Proximity to outdoor recreation attracts long-term renters seeking affordable housing options.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
4.2%
1Y Appreciation
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