South Dakota Investment Property For Sale: A Smart Real Estate Investment Opportunity
Investing in real estate has always been a popular way of building wealth. Property investments not only provide a steady stream of income but also appreciate in value over time. If you’re looking for a smart investment opportunity, consider this South Dakota investment property for sale.
Located across the street from campus, this investment property offers a prime location for student housing. The property features 4 bedrooms and 2.5 baths, making it an ideal choice for college students or a small family. The property also includes a 2-stall garage, providing ample parking space for tenants.
Currently leased for $1200 a month until May 31st, 2023, this investment property is already generating a solid rental income. The lease will increase to $1300 a month beginning June 1st, 2023, providing an even higher return on investment.
South Dakota is a great state for property investments. With a booming economy and positive job growth, the state is attracting more residents and businesses. Additionally, the state offers favorable tax laws, making it an attractive investment location.
Investing in rental properties can be a daunting task, but with the right strategy, it can be a lucrative investment. The key is to find a property that is in a desirable location, has a strong rental history, and is properly managed. This South Dakota investment property checks all of those boxes, making it an excellent choice for investors.
Whether you’re a seasoned real estate investor or a beginner looking to get into the market, this South Dakota investment property for sale is a smart choice. With its prime location, strong rental history, and potential for appreciation, this property offers a solid return on investment. Don’t miss out on this opportunity to build your wealth through real estate. Contact a real estate agent today to learn more.
316 N Dakota, Vermillion, SD 57069