Single Family Investment Properties in Spearfish, SD | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Single Family Investment Properties for Sale in Spearfish, SD

Property at 714 N 5th St, Spearfish, SD
Listed for sale 7 days ago
$ 299,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign210
  • - Bed
  • - Bath
  • 4333 sft
714 N 5th St, Spearfish, SD, 57783
Property at 1146 Saint Joe St, Spearfish, SD
$ 329,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign204
  • 2 Bed
  • 1 Bath
  • 1684 sft
1146 Saint Joe St, Spearfish, SD, 57783
Property at 1904 Cowboy Ln, Spearfish, SD
$ 774,900
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign399
  • 5 Bed
  • 4 Bath
  • 3560 sft
1904 Cowboy Ln, Spearfish, SD, 57783
Property at 219 Lariat Dr, Spearfish, SD
$ 380,000
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign164
  • 3 Bed
  • 2 Bath
  • 2941 sft
219 Lariat Dr, 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

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