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

$ 945,000
ROI
24.3
Cash Flow/m
1103- 5 Bed
- 5 Bath
- 3972 sft
7741 Brooks Loop, Spearfish, SD, 57783

$ 599,900
ROI
20.6
Cash Flow/m
87- 4 Bed
- 3 Bath
- 2665 sft
3912 Ward Ave, Spearfish, SD, 57783

$ 320,000
ROI
21.3
Cash Flow/m
140- 2 Bed
- 1 Bath
- 1139 sft
6172 Orion St, Spearfish, SD, 57783

$ 549,000
ROI
28.9
Cash Flow/m
1323- 5 Bed
- 3 Bath
- 3860 sft
4019 Ward Ave, 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
