Watertown, SD Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Watertown, SD. Based on 10+ datapoints.
Watertown, SD Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.5%
Avg Cash on Cash
-13.8%
Median Cashflow
-$1,023/mo
Avg Rent Estimate
$2,066/mo
Avg Price
$487,467
Price Range
$189,100 - $950,000
Rent to Price
0.42%
low ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Watertown, SD
Watertown, SD is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.5%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Watertown, SD is -$1,023 with average rents of $2,066/month. Properties range from $189,100 to $950,000, offering entry points across multiple investment budgets.
Watertown, SD Rental Market Insights
- •Median cashflow is -$1,023/month — careful deal selection is essential here
- •3.5% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Watertown, SD requires selective property picks
- •Premium market with properties from $189,100 to $950,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs