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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
$ 169,500
ROI
24.8
Cash Flow/m
239- 1 Bed
- 1 Bath
- 992 sft
1442 Canton Ave, Hot Springs, SD, 57747
$ 165,000
ROI
25.9Cash Flow/m
281- 4 Bed
- 2 Bath
- 3672 sft
538 Lincoln Ave, Hot Springs, SD, 57747
Fix & Flip
Airbnb Potential
$ 189,900
ROI
29.1Cash Flow/m
493- 2 Bed
- 1 Bath
- 1034 sft
1846 Baltimore Ave, Hot Springs, SD, 57747
$ 180,000
ROI
27.0Cash Flow/m
362- 2 Bed
- 1 Bath
- 1120 sft
1917 Washington Ave, 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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