Real Estate Investment Properties for Sale in Mitchell, SD

Looking for investment property in Mitchell, SD with high ROI ?

Explore a variety of short-term homes & houses in Mitchell, SD. Invest wisely with VRBO & Mitchell, SD Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Mitchell, SD

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2201 Dean Dr Mitchell, SD Discover this stunning 5-bedroom, 4-bathroom executive ranch home, meticulously maintained...	5 beds \| 4 baths \| 3,436 sq.ft.	$550,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 5.1% Airbnb Rental Income: $2187 Traditional Rental Income: $3808 Airbnb ROI: 0.86% Traditional ROI: 5.1%
1819 N Foster St Mitchell, SD Three bedrooms on the main level, 2 baths main level, 1 bath on lower level with shower. L...	3 beds \| 3 baths \| 1,944 sq.ft.	$199,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 11.62% Airbnb Rental Income: $1363 Traditional Rental Income: $2661 Airbnb ROI: 2.59% Traditional ROI: 11.62%
419 S Duff St Mitchell, SD Discover this delightful one-story home that boasts two inviting bedrooms, a full bathroom...	2 beds \| 1 baths \| 844 sq.ft.	$135,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 7.82% Airbnb Rental Income: $595 Traditional Rental Income: $1342 Airbnb ROI: -0.17% Traditional ROI: 7.82%
1516 Deerfield Ln Mitchell, SD This country home features 4+ bedrooms and 3 bathrooms, nestled on approximately 2.51 +/- ...	4 beds \| 3 baths \| 3,986 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.83% Airbnb Rental Income: $null Traditional Rental Income: $2973 Airbnb ROI: N/A Traditional ROI: 1.83%
1108 W 3rd Ave Mitchell, SD Don't wait to schedule your showing of this charming 3 bedroom, 1.5 bath home. This offeri...	3 beds \| 2 baths \| 1,493 sq.ft.	$172,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 9.64% Airbnb Rental Income: $1363 Traditional Rental Income: $2029 Airbnb ROI: 3.04% Traditional ROI: 9.64%
1433 Pebble Beach Rd Mitchell, SD This modern home with 4 beds, main floor laundry and 3 baths has so much to offer. Inside ...	4 beds \| 3 baths \| 3,009 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $3150 Airbnb ROI: N/A Traditional ROI: 8.03%
801 W 7th Ave Mitchell, SD Welcome to 801 W 7th Ave in Mitchell, SDâThis 5 Bedroom 2 bath is warm and inviting home...	5 beds \| 2 baths \| 1,825 sq.ft.	$309,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 6.01% Airbnb Rental Income: $2187 Traditional Rental Income: $2458 Airbnb ROI: 3.18% Traditional ROI: 6.01%
600 S Edgerton St Mitchell, SD Discover the charm of this beautiful 3-bedroom, 2-bathroom ranch-style home nestled in a l...	3 beds \| 2 baths \| 1,092 sq.ft.	$175,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 6.94% Airbnb Rental Income: $1363 Traditional Rental Income: $1635 Airbnb ROI: 2.81% Traditional ROI: 6.94%
1028 Court Merrill Mitchell, SD Experience the charm of this historic home directly across from Dakota Wesleyan University...	4 beds \| 3 baths \| 2,977 sq.ft.	$281,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.7% Airbnb Rental Income: $null Traditional Rental Income: $2985 Airbnb ROI: N/A Traditional ROI: 8.7%

Real Estate investment in Mitchell, SD

There are 9 properties for sale in the city of Mitchell . The median list price in Mitchell is $281,000 and the average price per square foot is $123. In October 2025, the average monthly cash on cash return in Mitchell is 8.00%. The average monthly rental income in Mitchell is $2,661.

Mitchell, SD Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 9 investment properties available for sale in Mitchell.

In 2025, the best neighborhood to buy investment property is Mitchell.

The ROI for Long-Term is higher than the Short-Term in Mitchell with average rental income of $2,661.

Your search for investment property begins and ends here

Investment Property for Sale in Mitchell, SD

2201 Dean Dr

Mitchell, SD

5 beds | 4 baths | 3,436 sq.ft.

$550,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $2187

Traditional Rental Income: $3808

Airbnb ROI: 0.86%

Traditional ROI: 5.1%

1819 N Foster St

Mitchell, SD

3 beds | 3 baths | 1,944 sq.ft.

$199,900

Airbnb cash on cash: 2.59%

Traditional cash on cash: 11.62%

Airbnb Rental Income: $1363

Traditional Rental Income: $2661

Airbnb ROI: 2.59%

Traditional ROI: 11.62%

419 S Duff St

Mitchell, SD

2 beds | 1 baths | 844 sq.ft.

$135,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 7.82%

Airbnb Rental Income: $595

Traditional Rental Income: $1342

Airbnb ROI: -0.17%

Traditional ROI: 7.82%

1516 Deerfield Ln

Mitchell, SD

4 beds | 3 baths | 3,986 sq.ft.

$895,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2973

Airbnb ROI: N/A

Traditional ROI: 1.83%

1108 W 3rd Ave

Mitchell, SD

3 beds | 2 baths | 1,493 sq.ft.

$172,000

Airbnb cash on cash: 3.04%

Traditional cash on cash: 9.64%

Airbnb Rental Income: $1363

Traditional Rental Income: $2029

Airbnb ROI: 3.04%

Traditional ROI: 9.64%

1433 Pebble Beach Rd

Mitchell, SD

4 beds | 3 baths | 3,009 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.03%

Airbnb Rental Income: $null

Traditional Rental Income: $3150

Airbnb ROI: N/A

Traditional ROI: 8.03%

801 W 7th Ave

Mitchell, SD

5 beds | 2 baths | 1,825 sq.ft.

$309,900

Airbnb cash on cash: 3.18%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $2187

Traditional Rental Income: $2458

Airbnb ROI: 3.18%

Traditional ROI: 6.01%

600 S Edgerton St

Mitchell, SD

3 beds | 2 baths | 1,092 sq.ft.

$175,000

Airbnb cash on cash: 2.81%

Traditional cash on cash: 6.94%

Airbnb Rental Income: $1363

Traditional Rental Income: $1635

Airbnb ROI: 2.81%