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 2026

In 2026, Pierreis the best city to buy investment properties. Find more investment properties today!

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
821 Montgomery St Custer, SD New Steel Roof, furnace, water heater, dishwasher, patio and privacy fence in 2015. This ...	3 beds \| 1 baths \| 1,322 sq.ft.	$259,000	Airbnb cash on cash: 6.3% Traditional cash on cash: 4.23% Airbnb Rental Income: $2859 Traditional Rental Income: $1688 Airbnb ROI: 6.3% Traditional ROI: 4.23%
1016 SW 16th Avenue Aberdeen, SD Stylish updates, functional space & a backyard you'll love. Built in 2012, this 4-bedroom,...	4 beds \| 2 baths \| 1,976 sq.ft.	$322,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 5.1% Airbnb Rental Income: $1500 Traditional Rental Income: $2316 Airbnb ROI: 0.95% Traditional ROI: 5.1%
11991 Oak Dr Whitewood, SD For more information, please contact listing agents Heath Gran or Scot Munro with Great Pe...	4 beds \| 3 baths \| 4,760 sq.ft.	$1,129,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 1.85% Airbnb Rental Income: $3188 Traditional Rental Income: $3228 Airbnb ROI: 1.12% Traditional ROI: 1.85%
24799 457th Ave 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.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $1609 Airbnb ROI: N/A Traditional ROI: 8.04%
5008 S Winston Ln Sioux Falls, SD Welcome to this fabulous 1.5 story in southeast Sioux Falls, complete with 3 bedrooms, 3 b...	3 beds \| 3 baths \| 1,813 sq.ft.	$419,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 3.47% Airbnb Rental Income: $1018 Traditional Rental Income: $2462 Airbnb ROI: -1.12% Traditional ROI: 3.47%
3737 E Mission St Sioux Falls, SD Enjoy comfortable, low-maintenance living in this well-kept ranch-style twin home situated...	2 beds \| 2 baths \| 1,570 sq.ft.	$259,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.74% Airbnb Rental Income: $876 Traditional Rental Income: $1979 Airbnb ROI: -0.12% Traditional ROI: 5.74%
1804 S Lyndale Ave Sioux Falls, SD Looking for a great location? This charming 3-bedroom, 2-bath home, conveniently located n...	3 beds \| 2 baths \| 1,737 sq.ft.	$275,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 6.11% Airbnb Rental Income: $1235 Traditional Rental Income: $2232 Airbnb ROI: 0.75% Traditional ROI: 6.11%
3017 S Keyrell Dr Sioux Falls, SD This beautifully maintained split-foyer home offers 5 bedrooms, 3 bathrooms, and a spaciou...	5 beds \| 3 baths \| 1,956 sq.ft.	$378,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 5.83% Airbnb Rental Income: $2316 Traditional Rental Income: $2968 Airbnb ROI: 2.37% Traditional ROI: 5.83%
1613 S Purdue Ave Sioux Falls, SD Tucked into Sioux Falls' desirable Westside with no HOA, this beautifully maintained 4-bed...	4 beds \| 3 baths \| 2,132 sq.ft.	$439,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.16% Airbnb Rental Income: $1275 Traditional Rental Income: $2648 Airbnb ROI: -0.16% Traditional ROI: 4.16%
1229 Beach Ave SE Huron, SD Affordable and full of charm, this home is a great opportunity to stop renting and start b...	2 beds \| 1 baths \| 1,584 sq.ft.	$149,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 4.51% Airbnb Rental Income: $1155 Traditional Rental Income: $1041 Airbnb ROI: 2.63% Traditional ROI: 4.51%
718 E 4th St Dell Rapids, SD There's something special about a home that simply feels welcoming from the moment you arr...	2 beds \| 2 baths \| 1,220 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $1843 Airbnb ROI: N/A Traditional ROI: 4.38%
1205 Douglas Ave Yankton, SD Step into timeless charm at 1205 Douglas in Yankton's most distinguished neighborhood. Thi...	4 beds \| 3 baths \| 3,077 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.09% Airbnb Rental Income: $null Traditional Rental Income: $2120 Airbnb ROI: N/A Traditional ROI: 3.09%
5205 W 37th St Sioux Falls, SD Welcome to this gorgeous recently remodeled west side Ranch on 1/3 of an acre. The home ha...	4 beds \| 3 baths \| 2,200 sq.ft.	$365,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 6.11% Airbnb Rental Income: $1275 Traditional Rental Income: $2942 Airbnb ROI: 0.08% Traditional ROI: 6.11%
601 S Prairie Ave Sioux Falls, SD Welcome to your next home-full of charm, character, and modern comforts! From the moment y...	3 beds \| 1 baths \| 1,317 sq.ft.	$224,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.51% Airbnb Rental Income: $1054 Traditional Rental Income: $1674 Airbnb ROI: 0.89% Traditional ROI: 5.51%
2810 S Oriya Pl Sioux Falls, SD Discover luxury, maintenance-free living at The Shores Townhomes, located in the prestigio...	3 beds \| 4 baths \| 2,520 sq.ft.	$875,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 0.63% Airbnb Rental Income: $1034 Traditional Rental Income: $2580 Airbnb ROI: -1.71% Traditional ROI: 0.63%
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.	$409,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 4.94% Airbnb Rental Income: $1967 Traditional Rental Income: $2711 Airbnb ROI: 1.66% Traditional ROI: 4.94%
1209 Kettering Drive Aberdeen, SD 1209 Kettering Drive \| Aberdeen, SDSome homes are built. This one was considered.From the ...	5 beds \| 4 baths \| 3,702 sq.ft.	$642,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.97% Airbnb Rental Income: $2292 Traditional Rental Income: $3704 Airbnb ROI: 0.66% Traditional ROI: 3.97%
931 S Kline Street Aberdeen, SD Move right into this stunning, fully remodeled 2+ story home! With 3 bedrooms and 2.5 bath...	3 beds \| 3 baths \| 2,845 sq.ft.	$299,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 8.42% Airbnb Rental Income: $1171 Traditional Rental Income: $2905 Airbnb ROI: 0.92% Traditional ROI: 8.42%
507 Gold St Lead, SD Price improvement at $189,000! This beautiful Lead home is move in ready and priced to sel...	5 beds \| 4 baths \| 3,000 sq.ft.	$735,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 2.87% Airbnb Rental Income: $3600 Traditional Rental Income: $3633 Airbnb ROI: 1.67% Traditional ROI: 2.87%
1300 Nellie St Sturgis, SD Property presented by Ashley S. Goodrich with RE/MAX In The Hills Look at this 1951 master...	4 beds \| 1 baths \| 2,650 sq.ft.	$385,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 5.06% Airbnb Rental Income: $1805 Traditional Rental Income: $2756 Airbnb ROI: 1.08% Traditional ROI: 5.06%
24741 Timber Ridge Rd Hermosa, SD Â From its custom chandeliers and cabinetry to its stunning views of Harney peak and the B...	4 beds \| 3 baths \| 7,985 sq.ft.	$1,999,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.82% Airbnb Rental Income: $null Traditional Rental Income: $2854 Airbnb ROI: N/A Traditional ROI: -0.82%
119 N 6th St Ipswich, SD Luxury, craftsmanship, and functionality come together in this one-of-a-kind, fully renova...	5 beds \| N/A baths \| 4,084 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.49% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 2.49%
713 S Holt Ave Sioux Falls, SD Welcome home to this well-maintained 3 bedroom, 2 bathroom home located on the quieter eas...	3 beds \| 2 baths \| 1,382 sq.ft.	$229,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 6.12% Airbnb Rental Income: $963 Traditional Rental Income: $2021 Airbnb ROI: -0.37% Traditional ROI: 6.12%
744 Prospect Ave Lead, SD Welcome to this lovely 2-bedroom, 2-bathroom Condo in Lead, SD! Built in 1991, this fully ...	3 beds \| 2 baths \| 970 sq.ft.	$199,000	Airbnb cash on cash: 5.65% Traditional cash on cash: 5.35% Airbnb Rental Income: $2075 Traditional Rental Income: $1484 Airbnb ROI: 5.65% Traditional ROI: 5.35%
1918 S Cliff Ave Sioux Falls, SD This well-maintained townhome offers a bright and welcoming living space with great natura...	2 beds \| 2 baths \| 1,351 sq.ft.	$219,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 5.42% Airbnb Rental Income: $876 Traditional Rental Income: $1716 Airbnb ROI: -0.23% Traditional ROI: 5.42%
4912 S Klein Ave #28 Sioux Falls, SD Welcome to this beautifully updated upper-level condo offering peaceful views and no immed...	2 beds \| 1 baths \| 1,076 sq.ft.	$175,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.78% Airbnb Rental Income: $909 Traditional Rental Income: $1134 Airbnb ROI: -0.62% Traditional ROI: 2.78%
4605 W Custer Ln Sioux Falls, SD Perfectly suited for comfortable 55+ living, this beautifully updated third-floor condo wi...	3 beds \| 2 baths \| 1,445 sq.ft.	$230,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 5.39% Airbnb Rental Income: $1235 Traditional Rental Income: $1987 Airbnb ROI: 0.12% Traditional ROI: 5.39%
1005 Plum Lane Aberdeen, SD Custom built 4 bed, 2 bath home with 2 -stall garage and tons of upgrades! Newer windows b...	4 beds \| 2 baths \| 2,046 sq.ft.	$334,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 4.56% Airbnb Rental Income: $1500 Traditional Rental Income: $2250 Airbnb ROI: 0.78% Traditional ROI: 4.56%
223 2nd St Newell, SD This is a must see cute, newly remodeled home on corner lot right across from the city par...	2 beds \| 1 baths \| 1,372 sq.ft.	$192,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.67% Airbnb Rental Income: $null Traditional Rental Income: $998 Airbnb ROI: N/A Traditional ROI: 2.67%
4217 W 90th St Sioux Falls, SD From relaxing evenings by the fire pit to bright, open living spaces inside, this home was...	3 beds \| 2 baths \| 1,270 sq.ft.	$430,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.76% Airbnb Rental Income: $1235 Traditional Rental Income: $2071 Airbnb ROI: -0.3% Traditional ROI: 2.76%
1802 Sugar Creek Place Spearfish, SD For more information, please contact listing agent Michael Warwick with Great Peaks Realty...	4 beds \| 2 baths \| N/A	$495,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.73% Airbnb Rental Income: $2083 Traditional Rental Income: $2420 Airbnb ROI: 0.84% Traditional ROI: 2.73%
4620 E Hanna Cir Sioux Falls, SD This outstanding walkout bi-level home offers great living space and comfort. The gracious...	3 beds \| 2 baths \| 1,834 sq.ft.	$319,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 5.57% Airbnb Rental Income: $963 Traditional Rental Income: $2389 Airbnb ROI: -0.33% Traditional ROI: 5.57%
1221 Charles Street Spearfish, SD Property presented by Ashley S. Goodrich, SRS with RE/MAX In The Hills. What a VIEW you ha...	3 beds \| 3 baths \| N/A	$449,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.84% Airbnb Rental Income: $1776 Traditional Rental Income: $2679 Airbnb ROI: 0.55% Traditional ROI: 3.84%
7904 S Pinewood Ave Sioux Falls, SD Welcome to this beautifully crafted ranch home located in one of South Sioux Falls' most d...	5 beds \| 3 baths \| 2,980 sq.ft.	$639,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 3.02% Airbnb Rental Income: $2635 Traditional Rental Income: $3113 Airbnb ROI: 1.16% Traditional ROI: 3.02%
519 Mill St Lead, SD Cute 2 bedroom house in Lead with many updates and renovations. Nice flat yard space and ...	3 beds \| 1 baths \| 1,252 sq.ft.	$285,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 3.48% Airbnb Rental Income: $2075 Traditional Rental Income: $1645 Airbnb ROI: 3.09% Traditional ROI: 3.48%
410 N Lake Dr Watertown, SD It's time to start looking forward to making summer memories with family! This darling lak...	3 beds \| 2 baths \| 1,336 sq.ft.	$485,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 2.54% Airbnb Rental Income: $1536 Traditional Rental Income: $1975 Airbnb ROI: 0.59% Traditional ROI: 2.54%
504 Adam Ave Baltic, SD Welcome home to this beautiful property nestled in a charming small-town setting just minu...	4 beds \| 2 baths \| 1,596 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.65% Airbnb Rental Income: $null Traditional Rental Income: $2386 Airbnb ROI: N/A Traditional ROI: 5.65%
11321 Gillette Prairie Rd Hill City, SD Listed by the Integrity Realty Team of the Black Hills ~ Jim Peterson and June Johnson ...	3 beds \| 2 baths \| 2,240 sq.ft.	$172,750	Airbnb cash on cash: 7.24% Traditional cash on cash: 10.72% Airbnb Rental Income: $2221 Traditional Rental Income: $2235 Airbnb ROI: 7.24% Traditional ROI: 10.72%
51 2nd St Lead, SD Listed by Cheri St. Pierre, Keller Williams Realty Black Hills. (605) 390-2481. Stately 2-...	3 beds \| 3 baths \| 2,615 sq.ft.	$425,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 5.57% Airbnb Rental Income: $2075 Traditional Rental Income: $3024 Airbnb ROI: 1.85% Traditional ROI: 5.57%

Real Estate investment in South Dakota

There are 4,938 properties available for sale in the state of South Dakota. Pierre, Yankton and Box Elder are the best rental property markets in South Dakota. The average median price of properties for sale in these cities are $301,467 and the average price per square foot is $0. Their average monthly cash on cash return is 3.67%.

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

There are 4,938 investment properties available for sale in South-dakota.

In 2026, Pierre is the best city to buy investment properties. Find more investment properties today!

In 2026, Pierre (4%) and Yankton (4%) 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

821 Montgomery St

Custer, SD

3 beds | 1 baths | 1,322 sq.ft.

$259,000

Airbnb cash on cash: 6.3%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $2859

Traditional Rental Income: $1688

Airbnb ROI: 6.3%

Traditional ROI: 4.23%

1016 SW 16th Avenue

Aberdeen, SD

4 beds | 2 baths | 1,976 sq.ft.

$322,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $1500

Traditional Rental Income: $2316

Airbnb ROI: 0.95%

Traditional ROI: 5.1%

11991 Oak Dr

Whitewood, SD

4 beds | 3 baths | 4,760 sq.ft.

$1,129,000

Airbnb cash on cash: 1.12%

Traditional cash on cash: 1.85%

Airbnb Rental Income: $3188

Traditional Rental Income: $3228

Airbnb ROI: 1.12%

Traditional ROI: 1.85%

24799 457th Ave Ave

Colton, SD

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

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.04%

Airbnb Rental Income: $null

Traditional Rental Income: $1609

Airbnb ROI: N/A

Traditional ROI: 8.04%

5008 S Winston Ln

Sioux Falls, SD

3 beds | 3 baths | 1,813 sq.ft.

$419,000

Airbnb cash on cash: -1.12%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $1018

Traditional Rental Income: $2462

Airbnb ROI: -1.12%

Traditional ROI: 3.47%

3737 E Mission St

Sioux Falls, SD

2 beds | 2 baths | 1,570 sq.ft.

$259,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $876

Traditional Rental Income: $1979

Airbnb ROI: -0.12%

Traditional ROI: 5.74%

1804 S Lyndale Ave

Sioux Falls, SD

3 beds | 2 baths | 1,737 sq.ft.

$275,000

Airbnb cash on cash: 0.75%

Traditional cash on cash: 6.11%

Airbnb Rental Income: $1235

Traditional Rental Income: $2232

Airbnb ROI: 0.75%

Traditional ROI: 6.11%

3017 S Keyrell Dr

Sioux Falls, SD

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

$378,000

Airbnb cash on cash: 2.37%

Traditional cash on cash: 5.83%

Airbnb Rental Income: $2316

Traditional Rental Income: $2968

Airbnb ROI: 2.37%