Save Search
Filters Applied
EditEdit Filters
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
20.9Cash Flow/m
72- 2 Bed
- 1 Bath
- 904 sft
2317 Wilson Ave, Hot Springs, SD, 57747
Airbnb Potential
Motivated Seller
$ 112,500
ROI
23.7Cash Flow/m
123- 3 Bed
- 2 Bath
- 924 sft
28149 Sheps Canyon Rd, Hot Springs, SD, 57747
Airbnb Potential
$ 210,000
ROI
24.9Cash Flow/m
301- 2 Bed
- 1 Bath
- 1034 sft
610 S 14th St, 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.
Find Your Perfect Investment Property in Hot Springs, South Dakota
Explore investment opportunities by strategy, performance, or property type
