Real Estate Investment Properties for Sale in South Dakota

Looking for investment property in South Dakota with high ROI ?

Explore a variety of short-term homes & houses in South Dakota. Invest wisely with VRBO & South Dakota Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in South Dakota

Q: Which city in South-dakota to invest in for highest ROI on long term rental properties in 2025

In 2025, Wilmotis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
708 10th St. Springfield, SD Attention sportsmen or investors... the perfect weekend getaway awaits you in this very we...	3 beds \| 2 baths \| 1,182 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.82% Airbnb Rental Income: $null Traditional Rental Income: $2018 Airbnb ROI: N/A Traditional ROI: 7.82%
24799 457th Ave Colton, SD It's time... time to own your own piece of land. Here's your opportunity to breathe with t...	2 beds \| 1 baths \| 1,108 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $1609 Airbnb ROI: N/A Traditional ROI: 5.28%
3016 E 20th St Sioux Falls, SD Ranch home, slab on grade, with 3 bedrooms and full bath. Oversized double car garage. Con...	3 beds \| 1 baths \| 900 sq.ft.	$224,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.64% Airbnb Rental Income: $1232 Traditional Rental Income: $1498 Airbnb ROI: 1.54% Traditional ROI: 4.64%
528 W Bailey St Sioux Falls, SD Cozy ranch style home with 2 bedrooms, 1 full bath and tandem 14 x32 double garage. Update...	2 beds \| 1 baths \| 950 sq.ft.	$176,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 5.63% Airbnb Rental Income: $955 Traditional Rental Income: $1366 Airbnb ROI: 1.1% Traditional ROI: 5.63%
324 SW 10th Avenue Aberdeen, SD Well kept home on a corner lot with extra land!Large lots with plenty of privacy surrounde...	4 beds \| 1 baths \| 2,371 sq.ft.	$174,900	Airbnb cash on cash: 4.76% Traditional cash on cash: 7.73% Airbnb Rental Income: $1703 Traditional Rental Income: $1724 Airbnb ROI: 4.76% Traditional ROI: 7.73%
3017 S Keyrell Dr Sioux Falls, SD This beautifully maintained split foyer home features 5 bedrooms, 3 bathrooms, and a spaci...	5 beds \| 3 baths \| 1,956 sq.ft.	$389,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 5.59% Airbnb Rental Income: $1553 Traditional Rental Income: $2968 Airbnb ROI: 0.48% Traditional ROI: 5.59%
4105 W 91st St Sioux Falls, SD This spacious 4-bedroom, 3-bathroom multi-level garden home is move-in ready and located o...	4 beds \| 3 baths \| 2,134 sq.ft.	$419,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 4.66% Airbnb Rental Income: $1441 Traditional Rental Income: $2802 Airbnb ROI: 0.1% Traditional ROI: 4.66%
316 W Evergreen Dr Brandon, SD Looking for space, privacy, and a great location? Check out this 3-bedroom split-level hom...	3 beds \| 2 baths \| 1,986 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $2503 Airbnb ROI: N/A Traditional ROI: 6.18%
5809 W Oakcrest Dr Sioux Falls, SD From the moment you walk in, the layout feels right. This home offers the kind of space th...	3 beds \| 2 baths \| 1,514 sq.ft.	$315,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.36% Airbnb Rental Income: $949 Traditional Rental Income: $2129 Airbnb ROI: 0.21% Traditional ROI: 5.36%
1378 Iowa Ave SE Huron, SD Cozy & Inviting! This 2-bedroom, 1-bath home offers comfort and charm with an attached sin...	2 beds \| 1 baths \| 1,792 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $1405 Airbnb ROI: N/A Traditional ROI: 6.73%
2124 S Covell Ave Sioux Falls, SD This cozy yet functional 1.5-story home is nestled in a convenient neighborhood close to l...	3 beds \| 2 baths \| 1,520 sq.ft.	$260,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 6.06% Airbnb Rental Income: $1273 Traditional Rental Income: $2048 Airbnb ROI: 1.27% Traditional ROI: 6.06%
806 E Chestnut St Harrisburg, SD Welcome home! This 4 bed, 3 bath, 3 stall garage ranch home in Harrisburg is sure to impre...	4 beds \| 3 baths \| 2,328 sq.ft.	$379,900	Airbnb cash on cash: -0.7% Traditional cash on cash: 5.47% Airbnb Rental Income: $979 Traditional Rental Income: $2829 Airbnb ROI: -0.7% Traditional ROI: 5.47%
216 N Lloyd Street Aberdeen, SD Welcome home to this beautifully updated 4 bedroom, 2 bath ranch style gem! Step inside to...	4 beds \| 2 baths \| 1,440 sq.ft.	$159,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 10.29% Airbnb Rental Income: $1703 Traditional Rental Income: $2006 Airbnb ROI: 5.18% Traditional ROI: 10.29%
817 W 12th St Sioux Falls, SD Large fully fenced yard with mature shade trees. Recent updates include fence installed Au...	2 beds \| 2 baths \| 1,276 sq.ft.	$222,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 5.99% Airbnb Rental Income: $758 Traditional Rental Income: $1760 Airbnb ROI: -0.27% Traditional ROI: 5.99%
1506 SE 3rd Avenue Aberdeen, SD Spacious 4 bedroom, 2.5 bath with many updates including kitchen; appliances; main floor b...	4 beds \| 3 baths \| 2,452 sq.ft.	$259,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 9.99% Airbnb Rental Income: $1703 Traditional Rental Income: $3056 Airbnb ROI: 2.53% Traditional ROI: 9.99%
814 E 7th St Dell Rapids, SD Enjoy the charm of small-town living at an affordable price! This inviting 1.5-story home ...	3 beds \| 1 baths \| 1,082 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $1075 Airbnb ROI: N/A Traditional ROI: 3.54%
601 S Prairie Ave Sioux Falls, SD Welcome to your next homeâfull of charm, character, and modern comforts! From the momen...	3 beds \| 1 baths \| 1,317 sq.ft.	$227,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 5.48% Airbnb Rental Income: $1079 Traditional Rental Income: $1674 Airbnb ROI: 1.01% Traditional ROI: 5.48%
102 N Sund St Worthing, SD Looking for a spacious home with small-town charm and quick access to the interstate? Welc...	5 beds \| 3 baths \| 2,572 sq.ft.	$388,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.64% Airbnb Rental Income: $null Traditional Rental Income: $3252 Airbnb ROI: N/A Traditional ROI: 6.64%
7801 W 65th St Sioux Falls, SD Beautiful ranch home located in far southwest Sioux Falls. This 4 bed/2 bath has been well...	4 beds \| 2 baths \| 1,982 sq.ft.	$414,900	Airbnb cash on cash: 0.5% Traditional cash on cash: 4.87% Airbnb Rental Income: $1441 Traditional Rental Income: $2711 Airbnb ROI: 0.5% Traditional ROI: 4.87%
605 Marsha Cir Tea, SD Welcome to this beautifully updated split foyer home located in a quiet Tea cul-de-sac! Fe...	4 beds \| 2 baths \| 1,996 sq.ft.	$335,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 5.4% Airbnb Rental Income: $1808 Traditional Rental Income: $2538 Airbnb ROI: 1.53% Traditional ROI: 5.4%
1147 15th St SW Huron, SD Move-In Ready Comfort with a View!Welcome to easy living in this beautifully maintained 2 ...	2 beds \| 2 baths \| 1,336 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.86% Airbnb Rental Income: $null Traditional Rental Income: $1946 Airbnb ROI: N/A Traditional ROI: 5.86%
811 S Ibis Street Aberdeen, SD Don't miss this chance to own a beautiful, custom home in a quiet, up and coming developme...	5 beds \| 4 baths \| 3,732 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $3972 Airbnb ROI: N/A Traditional ROI: 5.35%
2427 Windmill Drive Spearfish, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Michael War...	3 beds \| 3 baths \| 2,946 sq.ft.	$439,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 4.79% Airbnb Rental Income: $1660 Traditional Rental Income: $3008 Airbnb ROI: 0.38% Traditional ROI: 4.79%
43533 135th Street Webster, SD Your country living dream come true! Rare opportunity to purchase a turnkey, move-in rea...	3 beds \| 2 baths \| 1,344 sq.ft.	$579,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 2.11% Airbnb Rental Income: $2127 Traditional Rental Income: $2034 Airbnb ROI: 1.27% Traditional ROI: 2.11%
27024 Rolling Thunder Ln Sioux Falls, SD Welcome to this recently updated 3 bedroom 2 bathroom Ranch style Slab-on grade home locat...	3 beds \| 2 baths \| 1,596 sq.ft.	$489,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.24% Airbnb Rental Income: $1232 Traditional Rental Income: $2479 Airbnb ROI: -0.34% Traditional ROI: 3.24%
704 S Harrison Street Aberdeen, SD 4 Bedrooms, 2 Bathrooms. Hardwood Flooring, Fenced in Yard. 1 Stall Garage - Take a look a...	4 beds \| 2 baths \| 1,456 sq.ft.	$199,900	Airbnb cash on cash: 3.9% Traditional cash on cash: 8.43% Airbnb Rental Income: $1703 Traditional Rental Income: $2090 Airbnb ROI: 3.9% Traditional ROI: 8.43%
1221 Charles Street Spearfish, SD Property presented by Ashley S. Goodrich, SRS with RE/MAX In The Hills (605) 645-2479. Wha...	3 beds \| 3 baths \| 2,274 sq.ft.	$465,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.64% Airbnb Rental Income: $1660 Traditional Rental Income: $2679 Airbnb ROI: 0.23% Traditional ROI: 3.64%
5501 S Seville Pl Sioux Falls, SD Why wait for new constructionMove-In perfection meets smart upgrades 3-bed, 3-bath* end ...	3 beds \| 3 baths \| 1,432 sq.ft.	$297,000	Airbnb cash on cash: 0% Traditional cash on cash: 5.22% Airbnb Rental Income: $1273 Traditional Rental Income: $2331 Airbnb ROI: 0% Traditional ROI: 5.22%
25429 487th Ave Garretson, SD Experience the perfect balance of peaceful small-town living and big-city convenience with...	4 beds \| 3 baths \| 3,462 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $3305 Airbnb ROI: N/A Traditional ROI: 2.8%
1015 CIRCLE Drive Aberdeen, SD This bright and airy 2-bedroom, 2-bath condo offers stylish, open-concept living with a se...	2 beds \| 2 baths \| 1,265 sq.ft.	$152,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 7.35% Airbnb Rental Income: $875 Traditional Rental Income: $1757 Airbnb ROI: -1.02% Traditional ROI: 7.35%
700 Laura St Harrisburg, SD Welcome to 700 Laura Street in a sought out neighborhood of Harrisburg! This spacious 4-be...	4 beds \| 2 baths \| 1,746 sq.ft.	$309,500	Airbnb cash on cash: -0.39% Traditional cash on cash: 5.55% Airbnb Rental Income: $979 Traditional Rental Income: $2356 Airbnb ROI: -0.39% Traditional ROI: 5.55%
2813 S Terry Ave Sioux Falls, SD Welcome to your dream retreat on the stunning shores of Lake Lorraine! This exceptional 2 ...	2 beds \| 4 baths \| 2,468 sq.ft.	$725,000	Airbnb cash on cash: -1.64% Traditional cash on cash: 2.51% Airbnb Rental Income: $1011 Traditional Rental Income: $3463 Airbnb ROI: -1.64% Traditional ROI: 2.51%
6433 W 56th St Sioux Falls, SD Seller offering a $5,000 anything allowance for Buyer with an acceptable offer!! This w...	4 beds \| 2 baths \| 1,692 sq.ft.	$339,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.02% Airbnb Rental Income: $1441 Traditional Rental Income: $2332 Airbnb ROI: 0.88% Traditional ROI: 5.02%
4112 W 92nd St Sioux Falls, SD This inviting 3-bedroom, 2-bathroom home offers both comfort and convenience, highlighted ...	3 beds \| 2 baths \| 1,648 sq.ft.	$339,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 4.73% Airbnb Rental Income: $1273 Traditional Rental Income: $2320 Airbnb ROI: 0.19% Traditional ROI: 4.73%
26799 Lowell Drive Hot Springs, SD Listed by Jeremy Kahler, KWBH, 605-381-7500. **Sellers will give $15,000 at closing in esc...	4 beds \| 3 baths \| 3,040 sq.ft.	$730,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.5% Airbnb Rental Income: $2854 Traditional Rental Income: $3360 Airbnb ROI: 0.78% Traditional ROI: 2.5%
7020 Prestwick Rd Rapid City, SD Luxury Living on Red Rocks Golf Course Modern elegance meets lasting comfort in this custo...	4 beds \| 3 baths \| 3,639 sq.ft.	$1,436,250	Airbnb cash on cash: -0.42% Traditional cash on cash: 0.47% Airbnb Rental Income: $2511 Traditional Rental Income: $3096 Airbnb ROI: -0.42% Traditional ROI: 0.47%
1302 Hooker Street Whitewood, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	3 beds \| 2 baths \| 2,094 sq.ft.	$415,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.13% Airbnb Rental Income: $2161 Traditional Rental Income: $2549 Airbnb ROI: 2.72% Traditional ROI: 5.13%
1313 N Hazel Pl Sioux Falls, SD Don't miss out on this delightful 2 bed 1bath condominium nestled in Aspen Heights. Positi...	2 beds \| 1 baths \| 1,130 sq.ft.	$195,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 4.47% Airbnb Rental Income: $912 Traditional Rental Income: $1633 Airbnb ROI: -1.26% Traditional ROI: 4.47%
3313 E 18th St Sioux Falls, SD Welcome to this beautifully maintained 4-bedroom, 1.5-bath home is nestled in a well-estab...	4 beds \| 2 baths \| 1,544 sq.ft.	$297,070	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.79% Airbnb Rental Income: $1394 Traditional Rental Income: $2258 Airbnb ROI: 1.19% Traditional ROI: 5.79%
1123 N Summit Ave Sioux Falls, SD Step inside and feel at home right away... This inviting ranch walk-out offers 3 bedrooms,...	3 beds \| 2 baths \| 1,366 sq.ft.	$245,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 6.35% Airbnb Rental Income: $995 Traditional Rental Income: $2141 Airbnb ROI: -0.13% Traditional ROI: 6.35%

Real Estate investment in South Dakota

There are 1,437 properties available for sale in the state of South Dakota. Wilmot, Volin and Yankton are the best rental property markets in South Dakota. The average median price of properties for sale in these cities are $181,650 and the average price per square foot is $0. Their average monthly cash on cash return is 10.00%.

South-dakota Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 1,437 investment properties available for sale in South-dakota.

In 2025, Wilmot is the best city to buy investment properties. Find more investment properties today!

In 2025, Wilmot (14%) and Volin (12%) has the highest cash on cash return for long term rentals in South-dakota.

Your search for investment property begins and ends here

Investment Property for Sale in South Dakota

708 10th St.

Springfield, SD

3 beds | 2 baths | 1,182 sq.ft.

$205,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.82%

Airbnb Rental Income: $null

Traditional Rental Income: $2018

Airbnb ROI: N/A

Traditional ROI: 7.82%

24799 457th Ave

Colton, SD

2 beds | 1 baths | 1,108 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.28%

Airbnb Rental Income: $null

Traditional Rental Income: $1609

Airbnb ROI: N/A

Traditional ROI: 5.28%

3016 E 20th St

Sioux Falls, SD

3 beds | 1 baths | 900 sq.ft.

$224,900

Airbnb cash on cash: 1.54%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1232

Traditional Rental Income: $1498

Airbnb ROI: 1.54%

Traditional ROI: 4.64%

528 W Bailey St

Sioux Falls, SD

2 beds | 1 baths | 950 sq.ft.

$176,000

Airbnb cash on cash: 1.1%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $955

Traditional Rental Income: $1366

Airbnb ROI: 1.1%

Traditional ROI: 5.63%

324 SW 10th Avenue

Aberdeen, SD

4 beds | 1 baths | 2,371 sq.ft.

$174,900

Airbnb cash on cash: 4.76%

Traditional cash on cash: 7.73%

Airbnb Rental Income: $1703

Traditional Rental Income: $1724

Airbnb ROI: 4.76%

Traditional ROI: 7.73%

3017 S Keyrell Dr

Sioux Falls, SD

5 beds | 3 baths | 1,956 sq.ft.

$389,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1553

Traditional Rental Income: $2968

Airbnb ROI: 0.48%

Traditional ROI: 5.59%

4105 W 91st St

Sioux Falls, SD

4 beds | 3 baths | 2,134 sq.ft.

$419,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $1441

Traditional Rental Income: $2802

Airbnb ROI: 0.1%

Traditional ROI: 4.66%

316 W Evergreen Dr

Brandon, SD

3 beds | 2 baths | 1,986 sq.ft.

$314,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2503

Airbnb ROI: N/A