Single Family Investment Properties for Sale in Watertown, SD
605- 3 Bed
- 1 Bath
- 1544 sft
155- 4 Bed
- 3 Bath
- 2576 sft
108- 5 Bed
- 2 Bath
- 2016 sft
230- 3 Bed
- 2 Bath
- 1270 sft
Why Invest in Watertown, South Dakota?
Watertown, SD offers strong opportunities in **single-family** homes for investors seeking stable cash flow and appreciation. Affordable entry prices around $225K-$300K combined with low vacancy rates under 2% support reliable rental income. The local economy drives consistent demand from families, with median rents near $700 monthly. Recent home value growth of 8% year-over-year signals solid returns in this growing market. Low competition and ample lot supply make it ideal for long-term holds.
Frequently Asked Questions
The median sales price reached $225,050 in 2022, with recent listings around $286K. Single-family homes dominate the market at 55% of active listings. Prices have doubled since 2005 due to steady demand.
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