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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 2 days ago
$ 229,000
ROI
27.0
Cash Flow/m
458- 1 Bed
- 1 Bath
- 936 sft
122 14th St SE, Watertown, SD, 57201
Listed for sale 2 days ago
$ 298,900
ROI
26.5Cash Flow/m
558- 4 Bed
- 2 Bath
- 1992 sft
130 15th St NE, Watertown, SD, 57201
Listed for sale 3 days ago
$ 134,900
ROI
25.9Cash Flow/m
230- 2 Bed
- 1 Bath
- 974 sft
205 11th St NW, Watertown, SD, 57201
Listed for sale 6 days ago
$ 315,000
ROI
21.7Cash Flow/m
169- 3 Bed
- 2 Bath
- 1260 sft
23 27th St SW, 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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