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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Short Term Rental Investment Properties for Sale in Hot Springs, SD

Fix & Flip
Airbnb Potential
$ 189,900
ROI
29.1
Cash Flow/m
493- 2 Bed
- 1 Bath
- 1034 sft
1846 Baltimore Ave, Hot Springs, SD, 57747

Airbnb Potential
$ 226,000
ROI
20.9
Cash Flow/m
72- 2 Bed
- 1 Bath
- 904 sft
2317 Wilson Ave, Hot Springs, SD, 57747
or
Here are some other similar properties you might be interested in:
Fix & Flip
$ 100,000
ROI
29.4
Cash Flow/m
268- 4 Bed
- 1 Bath
- 3264 sft
16971 Union Ctr, Sturgis, SD, 57785

Fix & Flip
$ 100,000
ROI
18.1
Gross Rent Yield
7.0
- 3 Bed
- 2 Bath
- 1981 sft
221 E Essex Ave, Salem, SD, 57058

Rental Income
$ 100,000
ROI
24.8
Cash Flow/m
141- 2 Bed
- 1 Bath
- 748 sft
302 E Jackson St, Rapid City, SD, 57701

Fix & Flip
$ 100,000
ROI
24.4
Cash Flow/m
130- 3 Bed
- 1 Bath
- 1144 sft
105 W 42nd St, Sioux Falls, SD, 57105

Fix & Flip
$ 100,000
ROI
29.4
Cash Flow/m
268- 2 Bed
- 1 Bath
- 1132 sft
305 W Elm St, Beresford, SD, 57004

$ 100,000
ROI
24.9
Cash Flow/m
142- 2 Bed
- 1 Bath
- 840 sft
316 N Catherine Ave, Madison, SD, 57042

$ 100,000
ROI
25.5
Cash Flow/m
161- 3 Bed
- 2 Bath
- - sft
211 2nd Ave SW, Herreid, SD, 57632
$ 100,000
ROI
23.0
Cash Flow/m
89- 1 Bed
- 2 Bath
- 1400 sft
401 Us Highway 14 W #4, De Smet, SD, 57231

$ 100,000
ROI
24.5
Cash Flow/m
133- 3 Bed
- 2 Bath
- 1308 sft
810 Locust St, Yankton, SD, 57078

$ 100,000
ROI
24.8
Cash Flow/m
141- 3 Bed
- 2 Bath
- - sft
129 Norbeck Dr, Pierre, SD, 57501

Rental Income
$ 100,000
ROI
25.1
Cash Flow/m
149- 2 Bed
- 1 Bath
- 1342 sft
803 1st Ave E, Mobridge, SD, 57601

$ 100,000
ROI
25.0
Cash Flow/m
146- 4 Bed
- 2 Bath
- 1686 sft
103 Wren Ct, Box Elder, SD, 57719

Fix & Flip
$ 100,000
ROI
25.9
Cash Flow/m
171- - Bed
- - Bath
- - sft
2604 S Highway 281, Aberdeen, SD, 57401

Fix & Flip
$ 100,000
ROI
24.4
Cash Flow/m
128- 3 Bed
- 2 Bath
- 1824 sft
919 Rice Ave, Gregory, SD, 57533

$ 100,000
ROI
24.8
Cash Flow/m
148- 3 Bed
- 2 Bath
- 1216 sft
1237 Spearfish Mountain Ln, Spearfish, SD, 57783

$ 100,000
ROI
-
Cash Flow/m
-- 2 Bed
- 1 Bath
- 960 sft
44232 Dumarce Lake Rd, Veblen, SD, 57270

$ 100,000
ROI
24.6
Cash Flow/m
136- 2 Bed
- 1 Bath
- 1379 sft
310 Dakota St, Alcester, SD, 57001

$ 100,000
ROI
25.1
Cash Flow/m
148- 2 Bed
- 2 Bath
- 1531 sft
1113 Wisconsin Ave SW, Huron, SD, 57350

$ 100,000
ROI
24.1
Cash Flow/m
120- 4 Bed
- 2 Bath
- 1097 sft
240 Hubbard St W, Carthage, SD, 57323

$ 100,000
ROI
34.5
Cash Flow/m
411- - Bed
- - Bath
- - sft
2769 Edgewater Dr, Gary, SD, 57237

$ 100,000
ROI
45.6
Cash Flow/m
720- - Bed
- - Bath
- - sft
Northbay Dr, Arlington, SD, 57212

$ 100,000
ROI
-
Cash Flow/m
-- - Bed
- - Bath
- - sft
L1b B9 17th Ave SW, Watertown, SD, 57201

$ 100,000
ROI
-
Cash Flow/m
-- - Bed
- - Bath
- - sft
1100 E Thompson Pl, Tea, SD, 57064

Currently Rented
Rental Income
$ 100,000
ROI
25.5
Cash Flow/m
160- 6 Bed
- 5 Bath
- 1930 sft
605 Main Ave, Lemmon, SD, 57638
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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