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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Spearfish, SD
Listed for sale 2 days ago
$ 349,000
ROI
21.2
Cash Flow/m
143- 3 Bed
- 2 Bath
- 1768 sft
1028 S 35th St, Spearfish, SD, 57783
$ 299,900
ROI
21.6Cash Flow/m
154- 2 Bed
- 2 Bath
- 1063 sft
1320 Silverbrook Ln, Spearfish, SD, 57783
$ 338,500
ROI
19.9Cash Flow/m
11- 2 Bed
- 2 Bath
- 1456 sft
842 Harvard St, Spearfish, SD, 57783
$ 399,900
ROI
24.0Cash Flow/m
469- 4 Bed
- 3 Bath
- 2231 sft
1811 Sugar Creek Pl, 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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