High Rental Yield Investment Properties for Sale in Hot Springs, SD
Currently Rented
Listed for sale 2 days ago
$ 130,000
ROI
25.5
Cash Flow/m
207- 3 Bed
- 2 Bath
- - sft
28149 Sheps Canyon Rd Lot 11, Hot Springs, SD, 57747
Listed for sale 2 days ago
$ 175,000
ROI
24.7Cash Flow/m
242- 4 Bed
- 2 Bath
- 2251 sft
1938 Washington Ave, Hot Springs, SD, 57747
$ 169,900
ROI
27.1Cash Flow/m
350- 2 Bed
- 1 Bath
- 1310 sft
1423 Evans St, Hot Springs, SD, 57747
$ 275,000
ROI
21.8Cash Flow/m
158- 2 Bed
- 2 Bath
- 1296 sft
27577 Watts Ln, Hot Springs, SD, 57747
Why Invest in Hot Springs, South Dakota?
Hot Springs, SD offers strong opportunities in high rental yield properties for savvy investors. The area's tourism-driven demand supports consistent cash flow from rentals. With average home values around $333,000 and rents near $900 monthly, cap rates remain attractive. Annual appreciation of 4% adds long-term value. Renter-occupied housing provides stability in this scenic Black Hills location.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Tourism from national parks and hot springs attractions creates steady demand. Average rents of $900 against $333k home values yield around 7%. Seasonal occupancy at 48% supports cash flow for investors.
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