Short Term Rental Investment Properties for Sale in Hot Springs, SD
Airbnb Potential
Listed for sale 5 days ago
$ 214,900
ROI
20.9
Cash Flow/m
68- 2 Bed
- 1 Bath
- 904 sft
2317 Wilson Ave, Hot Springs, SD, 57747
Fix & Flip
Airbnb Potential
$ 139,900
ROI
24.6Cash Flow/m
189- 2 Bed
- 1 Bath
- 1456 sft
102 N 6th St, 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
Airbnb Potential
$ 375,000
ROI
25.7Cash Flow/m
617- - Bed
- - Bath
- 2400 sft
LOT Barefoot Ridge Ct #D, Hot Springs, SD, 57747
Why Invest in Hot Springs, South Dakota?
Hot Springs, SD offers strong potential for **short-term rental** investments driven by tourism to its natural hot springs and Black Hills proximity. Average rents support healthy cash flow while moderate appreciation adds long-term value. Renter occupancy remains high year-round, bolstered by seasonal visitors. Cap rates around 7-8% make it attractive for passive income strategies. Economic stability from healthcare and government sectors supports demand.
8.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$1850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.7%
1Y Appreciation
Frequently Asked Questions
Yes, tourism to hot springs and Black Hills drives consistent demand. High seasonal occupancy supports strong cash flow. Focus on properties near attractions for best returns.
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