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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Watertown, SD
Listed for sale 1 day ago
$ 340,000
ROI
19.8
Cash Flow/m
2- 5 Bed
- 2 Bath
- 2052 sft
2907 4th Ave NW, Watertown, SD, 57201
Listed for sale 4 days ago
$ 249,900
ROI
28.0Cash Flow/m
574- 3 Bed
- 2 Bath
- 1922 sft
407 2nd St NE, Watertown, SD, 57201
Listed for sale 5 days ago
$ 355,000
ROI
19.9Cash Flow/m
14- 4 Bed
- 2 Bath
- 2038 sft
1853 5th St NE, Watertown, SD, 57201
Listed for sale 5 days ago
$ 359,900
ROI
19.9Cash Flow/m
18- 4 Bed
- 2 Bath
- - sft
1817 5th St NE, Watertown, SD, 57201
Why Invest in Watertown, South Dakota?
Discover Watertown, SD properties under $500k offering strong entry points for investors. Stable rental demand and affordable pricing create opportunities for positive cash flow. With competitive cap rates around 7-8% and steady appreciation, these investments appeal to value-focused buyers. Low vacancy rates support reliable income streams in this growing community. Economic stability from manufacturing bolsters long-term holding potential.
9.2%
Avg. ROI
7.8%
Rental Yield
7.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Investors see average cap rates of 7-8% and rental yields around 7.5% for properties under $500k. Cash flow averages $400-500 monthly after expenses. Stable occupancy supports consistent performance.
Find Your Perfect Investment Property in Watertown, South Dakota
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