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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Watertown, SD
Listed for sale 3 days ago
$ 189,900
ROI
25.1
Cash Flow/m
284- 3 Bed
- 1 Bath
- 1272 sft
305 2nd St NW, Watertown, SD, 57201
Listed for sale 6 days ago
$ 334,900
ROI
26.8Cash Flow/m
657- 4 Bed
- 2 Bath
- 2352 sft
1112 22nd St NE, Watertown, SD, 57201
Listed for sale 7 days ago
$ 185,000
ROI
28.6Cash Flow/m
457- 6 Bed
- 3 Bath
- 2870 sft
11 4th Ave NE, Watertown, SD, 57201
Currently Rented
Fix & Flip
Rental Income
+ 1 more
$ 199,000
ROI
30.2Cash Flow/m
577- 4 Bed
- 2 Bath
- 3114 sft
110-112 3rd Ave NE, Watertown, SD, 57201
Why Invest in Watertown, South Dakota?
High ROI properties in Watertown, SD offer strong returns for investors seeking stable cash flow in a growing market. The city's affordable homes and low vacancy rates support consistent rental income. With median home values around $225K and rents near $700 monthly, cap rates remain attractive. Steady appreciation and job growth in manufacturing enhance long-term equity buildup. Low competition and ample lot supply make entry accessible for high-yield strategies.
8.5%
Avg. ROI
4.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$691/mo
Avg. Rent
3.9%
1Y Appreciation
Frequently Asked Questions
Low vacancy rates at 1.5% and affordable median rents of $691 support strong cash flow. Steady job growth in key sectors ensures tenant stability. Ample lot supply allows for scalable investments.
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