Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Spearfish, SD

Listed for sale 3 days ago
$ 474,900
ROI
21.4
Cash Flow/m
211- 5 Bed
- 3 Bath
- 2100 sft
3409 Roughlock Ln, Spearfish, SD, 57783

Listed for sale 5 days ago
$ 499,900
ROI
20.8
Cash Flow/m
138- 3 Bed
- 2 Bath
- 1900 sft
2119 Arrowhead Cir, Spearfish, SD, 57783

$ 325,000
ROI
22.3
Cash Flow/m
227- 3 Bed
- 2 Bath
- 1063 sft
3203 7th Ave, Spearfish, SD, 57783

$ 295,000
ROI
27.1
Cash Flow/m
605- 4 Bed
- 2 Bath
- 1175 sft
1120 N Canyon St, Spearfish, SD, 57783
Why Invest in Spearfish, South Dakota?
Spearfish, SD offers strong potential for single-family home investments amid stabilizing market conditions. With median home values around $440,000 and modest appreciation, investors can target reliable rental yields. The area's balanced inventory supports steady cash flow from renters, bolstered by regional growth in the Black Hills. Cap rates remain attractive for long-term holds, with low vacancy risks in this desirable community. Economic stability and limited supply make single-family properties a smart portfolio addition.
7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
2.5%
1Y Appreciation
Find Your Perfect Investment Property in Spearfish, South Dakota
Explore investment opportunities by strategy, performance, or property type
