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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Hot Springs, SD
$ 249,900
ROI
22.0
Cash Flow/m
154- 4 Bed
- 3 Bath
- 5705 sft
645 Happy Hollow St, Hot Springs, SD, 57747
Fix & Flip
$ 273,000
ROI
29.2Cash Flow/m
720- 3 Bed
- 1 Bath
- 2410 sft
128 S 16th St, Hot Springs, SD, 57747
$ 310,200
ROI
21.9Cash Flow/m
180- 3 Bed
- 2 Bath
- 2058 sft
1330 Sherman St, Hot Springs, SD, 57747
$ 315,000
ROI
23.1Cash Flow/m
294- 3 Bed
- 2 Bath
- 1215 sft
301 S 5th St, 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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