Real Estate Investment Properties for Sale in Watertown, SD

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

Explore a variety of short-term homes & houses in Watertown, SD. Invest wisely with VRBO & Watertown, 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 Watertown, SD

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3007 5th Ave NW Watertown, SD Very nice home in the highly desired Derby Downs area. This 2162 sq.ft. home has 4 bedroom...	4 beds \| 2 baths \| 2,162 sq.ft.	$339,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 6.23% Airbnb Rental Income: $1927 Traditional Rental Income: $2638 Airbnb ROI: 2.4% Traditional ROI: 6.23%
1945 31st NE St Watertown, SD Escape to peaceful country living with this well-maintained 2-bedroom, 1.5-bath home, perf...	2 beds \| 2 baths \| 1,000 sq.ft.	$549,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.86% Airbnb Rental Income: $1254 Traditional Rental Income: $1782 Airbnb ROI: 0.05% Traditional ROI: 1.86%
8 6th Ave SE Watertown, SD	3 beds \| 1 baths \| 1,786 sq.ft.	$164,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 5.95% Airbnb Rental Income: $1424 Traditional Rental Income: $1389 Airbnb ROI: 3.46% Traditional ROI: 5.95%
Investment Properties for Sale in Other Cities of South-dakota
470 21st St SW Huron , SD Easy living meets everyday comfort in this beautifully maintained west-facing condo. Featu...	2 beds \| 2 baths \| 1,200 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $1571 Airbnb ROI: N/A Traditional ROI: 5.81%
708 10th St. Springfield , SD Attention sportsmen or investors... the perfect weekend getaway awaits you in this very we...	3 beds \| N/A baths \| 1,182 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.76% Airbnb Rental Income: $null Traditional Rental Income: $2018 Airbnb ROI: N/A Traditional ROI: 7.76%
24799 457th Ave Colton , SD It's time... time to own your own piece of land. Here's your opportunity to breathe with t...	2 beds \| 1 baths \| 1,108 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $1609 Airbnb ROI: N/A Traditional ROI: 5.28%
2704 E Tranquility Pl Sioux Falls , SD OPEN HOUSE SATURDAY 12/20 1-2 PM!! Amazing opportunity in Whisper Ridge for a "lock it and...	2 beds \| 3 baths \| 1,651 sq.ft.	$305,000	Airbnb cash on cash: -1.84% Traditional cash on cash: 4.67% Airbnb Rental Income: $772 Traditional Rental Income: $2324 Airbnb ROI: -1.84% Traditional ROI: 4.67%
7812 Tuscan Club Cir Sioux Falls , SD Come check out this well-maintained ranch in a highly sought after exclusive neighborhood ...	5 beds \| 4 baths \| 4,068 sq.ft.	$1,049,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 1.58% Airbnb Rental Income: $1097 Traditional Rental Income: $3799 Airbnb ROI: -1.57% Traditional ROI: 1.58%
324 SW 10th Avenue Aberdeen , SD Well kept home on a corner lot with extra land!Large lots with plenty of privacy surrounde...	4 beds \| 1 baths \| 2,371 sq.ft.	$174,900	Airbnb cash on cash: 4.76% Traditional cash on cash: 7.73% Airbnb Rental Income: $1703 Traditional Rental Income: $1724 Airbnb ROI: 4.76% Traditional ROI: 7.73%
3017 S Keyrell Dr Sioux Falls , SD This beautifully maintained split foyer home features 5 bedrooms, 3 bathrooms, and a spaci...	5 beds \| 3 baths \| 1,956 sq.ft.	$387,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 5.62% Airbnb Rental Income: $654 Traditional Rental Income: $2968 Airbnb ROI: -1.57% Traditional ROI: 5.62%
904 S Jay Cir Sioux Falls , SD This stunning multilevel walk-out home offers 5 spacious bedrooms and 3 bathrooms. The bea...	5 beds \| 3 baths \| 2,313 sq.ft.	$350,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 6.65% Airbnb Rental Income: $708 Traditional Rental Income: $3078 Airbnb ROI: -1.5% Traditional ROI: 6.65%
5809 W Oakcrest Dr Sioux Falls , SD From the moment you walk in, the layout feels right. This home offers the kind of space th...	3 beds \| 2 baths \| 1,514 sq.ft.	$295,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 5.79% Airbnb Rental Income: $870 Traditional Rental Income: $2129 Airbnb ROI: 0.05% Traditional ROI: 5.79%
1209 E 33rd St Sioux Falls , SD This is a house you will be proud to call HOME!! 3 Bedrooms and 2 Baths in a very desirabl...	3 beds \| 2 baths \| 1,972 sq.ft.	$299,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.94% Airbnb Rental Income: $1059 Traditional Rental Income: $2364 Airbnb ROI: 0.03% Traditional ROI: 5.94%
815 NE 15th Avenue Aberdeen , SD Great main floor condominium - NO STEPS!!Open concept. Secure building w/cameras, key and...	2 beds \| 2 baths \| 1,298 sq.ft.	$147,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 9.5% Airbnb Rental Income: $875 Traditional Rental Income: $1743 Airbnb ROI: 1.01% Traditional ROI: 9.5%
817 W 12th St Sioux Falls , SD Check out this great house with a large fully fenced yard and mature shade trees. Recent u...	2 beds \| 2 baths \| 1,276 sq.ft.	$195,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 6.94% Airbnb Rental Income: $760 Traditional Rental Income: $1760 Airbnb ROI: -0.17% Traditional ROI: 6.94%
1905 S Fox Trl Sioux Falls , SD Move-in ready ranch-style home with no backyard neighbors! This well-maintained property o...	3 beds \| 2 baths \| 1,607 sq.ft.	$299,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 5.19% Airbnb Rental Income: $1020 Traditional Rental Income: $2111 Airbnb ROI: 0.06% Traditional ROI: 5.19%
601 S Prairie Ave Sioux Falls , SD Welcome to your next home-full of charm, character, and modern comforts! From the moment y...	3 beds \| 1 baths \| 1,317 sq.ft.	$226,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 5.5% Airbnb Rental Income: $916 Traditional Rental Income: $1674 Airbnb ROI: 0.38% Traditional ROI: 5.5%
102 N Sund St Worthing , SD Looking for a spacious home with small-town charm and quick access to the interstate? Welc...	5 beds \| 3 baths \| 2,572 sq.ft.	$388,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 6.64% Airbnb Rental Income: $2549 Traditional Rental Income: $3252 Airbnb ROI: 3.03% Traditional ROI: 6.64%

Real Estate investment in Watertown, SD

There are 3 properties for sale in the city of Watertown . The median list price in Watertown is $642,500 and the average price per square foot is $374. In February 2026, the average monthly cash on cash return in Watertown is 6.00%. The average monthly rental income in Watertown is $1,782.

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

There are 3 investment properties available for sale in Watertown.

In 2026, the best neighborhood to buy investment property is Watertown.

The ROI for Long-Term is higher than the Short-Term in Watertown with average rental income of $1,782.

Your search for investment property begins and ends here

Investment Property for Sale in Watertown, SD

3007 5th Ave NW

Watertown, SD

4 beds | 2 baths | 2,162 sq.ft.

$339,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 6.23%

Airbnb Rental Income: $1927

Traditional Rental Income: $2638

Airbnb ROI: 2.4%

Traditional ROI: 6.23%

1945 31st NE St

Watertown, SD

2 beds | 2 baths | 1,000 sq.ft.

$549,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $1254

Traditional Rental Income: $1782

Airbnb ROI: 0.05%

Traditional ROI: 1.86%

8 6th Ave SE

Watertown, SD

3 beds | 1 baths | 1,786 sq.ft.

$164,900

Airbnb cash on cash: 3.46%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1424

Traditional Rental Income: $1389

Airbnb ROI: 3.46%

Traditional ROI: 5.95%

Investment Properties for Sale in Other Cities of South-dakota

Huron , SD

2 beds | 2 baths | 1,200 sq.ft.

$130,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.81%

Airbnb Rental Income: $null

Traditional Rental Income: $1571

Airbnb ROI: N/A

Traditional ROI: 5.81%

Springfield , SD

3 beds | N/A baths | 1,182 sq.ft.

$205,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2018

Airbnb ROI: N/A

Traditional ROI: 7.76%

Colton , SD

2 beds | 1 baths | 1,108 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.28%

Airbnb Rental Income: $null

Traditional Rental Income: $1609

Airbnb ROI: N/A

Traditional ROI: 5.28%

Sioux Falls , SD

2 beds | 3 baths | 1,651 sq.ft.

$305,000

Airbnb cash on cash: -1.84%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $772

Traditional Rental Income: $2324

Airbnb ROI: -1.84%

Traditional ROI: 4.67%

Sioux Falls , SD

5 beds | 4 baths | 4,068 sq.ft.

$1,049,900

Airbnb cash on cash: -1.57%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $1097

Traditional Rental Income: $3799

Airbnb ROI: -1.57%

Traditional ROI: 1.58%

Aberdeen , SD

4 beds | 1 baths | 2,371 sq.ft.

$174,900