Townhouse Investment Properties in Watertown, SD | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Townhouse Investment Properties for Sale in Watertown, SD

Property at 109 Summerwood Dr, Watertown, SD
$ 289,000
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign316
  • 3 Bed
  • 3 Bath
  • 2860 sft
109 Summerwood Dr, Watertown, SD, 57201
Property at 1827 3rd St NW, Watertown, SD
$ 315,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign503
  • 2 Bed
  • 2 Bath
  • 1384 sft
1827 3rd St NW, Watertown, SD, 57201
Property at 525 54th St NW #3, Watertown, SD
$ 319,900
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign560
  • 3 Bed
  • 2 Bath
  • 1530 sft
525 54th St NW #3, Watertown, SD, 57201
Property at 525 54th St NW #1, Watertown, SD
$ 329,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign294
  • 3 Bed
  • 2 Bath
  • 1443 sft
525 54th St NW #1, Watertown, SD, 57201

Why Invest in Watertown, South Dakota?

Watertown, SD offers strong potential for **townhouse** investors with low vacancy rates and steady demand. Townhouses here provide solid **rental yields** around 7-8% amid growing multifamily absorption. Median household incomes are rising to $63k by 2028, supporting renter stability. Appreciation has doubled home values since 2005, with recent medians at $225k+. Ample lot supply and low 1.5% vacancy make it ideal for cash flow-focused portfolios.

8.5%
Avg. ROI
7.8%
Rental Yield
6.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
4.1%
1Y Appreciation

Frequently Asked Questions

Yes, townhouses offer strong rental demand with low 1.5% vacancy and rents from $1,350 for 2BR. Demand analysis projects 55-65 units needed soon. Stable appreciation doubles values since 2005.

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