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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Spearfish, SD

Fix & Flip
Listed for sale 7 days ago
$ 240,000
ROI
28.5
Cash Flow/m
583- 3 Bed
- 1 Bath
- 1944 sft
1004 Saint Joseph St, Spearfish, SD, 57783

$ 365,000
ROI
22.2
Cash Flow/m
251- 3 Bed
- 2 Bath
- 2730 sft
727 Saint Joe St, Spearfish, SD, 57783

$ 350,000
ROI
20.6
Cash Flow/m
80- 3 Bed
- 2 Bath
- 1988 sft
830 Heritage Dr, Spearfish, SD, 57783

$ 105,000
ROI
25.0
Cash Flow/m
154- 3 Bed
- 2 Bath
- 1216 sft
520 Triple L Loop, Spearfish, SD, 57783
Why Invest in Spearfish, South Dakota?
Discover investment opportunities in Spearfish, SD under $500K, offering accessible entry into a growing market. Properties in this range provide solid rental yields and cash flow potential for investors. The area's stable economy and natural attractions support consistent tenant demand. With low vacancy rates and moderate appreciation, these homes deliver reliable returns. Spearfish's proximity to outdoor recreation enhances long-term value.
8.2%
Avg. ROI
6.5%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
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