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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
Listed for sale 7 days ago
$ 229,900
ROI
23.8
Cash Flow/m
260- 4 Bed
- 2 Bath
- 1940 sft
2305 Lincoln Ave, Hot Springs, SD, 57747
$ 259,000
ROI
26.0Cash Flow/m
450- 4 Bed
- 2 Bath
- 1950 sft
2330 Lincoln Ave, Hot Springs, SD, 57747
$ 189,000
ROI
23.2Cash Flow/m
180- 1 Bed
- 1 Bath
- 476 sft
27545 Todd Dr, Hot Springs, SD, 57747
Airbnb Potential
$ 375,000
ROI
24.4Cash Flow/m
479- - Bed
- - Bath
- 2400 sft
Barefoot Ridge Ct, 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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