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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Hot Springs, SD
$ 200,000
ROI
22.4
Cash Flow/m
144- 2 Bed
- 1 Bath
- 1120 sft
1917 Washington Ave, Hot Springs, SD, 57747
$ 140,000
ROI
24.0Cash Flow/m
165- - Bed
- - Bath
- - sft
26867 Stage Stop Rd, 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
$ 120,380
ROI
51.5Cash Flow/m
1065- 3 Bed
- 1 Bath
- 1200 sft
405 S 5th St, Hot Springs, SD, 57747
Why Invest in Hot Springs, South Dakota?
Hot Springs, SD offers compelling real estate opportunities under $200k, with properties available in this scenic Black Hills community. Investors benefit from affordable entry points and steady rental demand from retirees and tourists. **Rental yields** average 7-9% with **cap rates** around 8%, supported by low vacancy rates. Annual **appreciation** of 4-5% reflects growing interest in the area's natural hot springs and outdoor recreation. **Cash flow** potential remains strong due to moderate operating costs and stable tenant base.
9.2%
Avg. ROI
8.1%
Rental Yield
8.4%
Cap Rate
$650/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4.5%
1Y Appreciation
Find Your Perfect Investment Property in Hot Springs, South Dakota
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