Real Estate Investment Properties for Sale in Custer, SD

Looking for investment property in Custer, SD with high ROI ?

Explore a variety of short-term homes & houses in Custer, SD. Invest wisely with VRBO & Custer, SD 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 Custer, SD

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
232 S 2ND ST Custer, SD Just Wow! Don't drag your feet on this very well kept 3-bedroom, 2-bathroom home with an a...	3 beds \| 2 baths \| 1,178 sq.ft.	$329,900	Airbnb cash on cash: 3.84% Traditional cash on cash: 3.29% Airbnb Rental Income: $2620 Traditional Rental Income: $1824 Airbnb ROI: 3.84% Traditional ROI: 3.29%
11892 KATHRINE CT Custer, SD THIS IS A MUST-SEE PROPERTY!! Originally built by the Kirk Brothers as a dairy barn in 188...	4 beds \| 5 baths \| 4,736 sq.ft.	$1,249,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 0.87% Airbnb Rental Income: $3064 Traditional Rental Income: $3779 Airbnb ROI: -0.35% Traditional ROI: 0.87%
11821 DIAMOND DR Custer, SD Private End-of-Road Setting \| Shop + Acreage \| Rarely Available 5.87 private acres borderi...	3 beds \| 2 baths \| 1,870 sq.ft.	$1,195,000	Airbnb cash on cash: -0.59% Traditional cash on cash: -0.07% Airbnb Rental Income: $2620 Traditional Rental Income: $2572 Airbnb ROI: -0.59% Traditional ROI: -0.07%
12322 BONANZA RD Custer, SD Mountaintop Masterpiece with the Best Views in the Black Hills! 10 acre luxury estate comp...	5 beds \| 6 baths \| 9,046 sq.ft.	$4,900,000	Airbnb cash on cash: -1.56% Traditional cash on cash: -1.24% Airbnb Rental Income: $4388 Traditional Rental Income: $4917 Airbnb ROI: -1.56% Traditional ROI: -1.24%
12375 PONY EXPRESS Custer, SD Log home stunner w/HEAPS OF UPGRADES on almost 10 ac, showcasing a private pond, NO COVENA...	4 beds \| 3 baths \| 1,800 sq.ft.	$1,200,000	Airbnb cash on cash: -0.27% Traditional cash on cash: -0.03% Airbnb Rental Income: $3064 Traditional Rental Income: $2631 Airbnb ROI: -0.27% Traditional ROI: -0.03%
416 AGATE LANE Custer, SD Single-Level Living! Enjoy the best of Black Hills living in this beautifully maintained 2...	2 beds \| 2 baths \| 1,224 sq.ft.	$444,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.01% Airbnb Rental Income: $1743 Traditional Rental Income: $1885 Airbnb ROI: 0.52% Traditional ROI: 2.01%
25474 HARRIET WARD RD #Harriett Ward Custer, SD Discover your own piece of paradise on this 16.45-acre property, brimming with potential a...	2 beds \| 1 baths \| 938 sq.ft.	$246,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 3.14% Airbnb Rental Income: $1743 Traditional Rental Income: $1356 Airbnb ROI: 2.74% Traditional ROI: 3.14%
25270 MILL POND ESTATES RD Custer, SD EVERYTHING YOU WANT & MORE! Boast-worthy bonuses galore in this BRAND NEW CUSTOM BUILT HOM...	4 beds \| 4 baths \| 3,200 sq.ft.	$999,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.53% Airbnb Rental Income: $3064 Traditional Rental Income: $3653 Airbnb ROI: 0.14% Traditional ROI: 1.53%
11405 HAWKRIGHT RD Custer, SD 40 ACRES \| NO COVENANTS \| CUSTOM 2023 HOME! Peaceful, private, and just 30 minutes from Cu...	3 beds \| 2 baths \| 1,376 sq.ft.	$625,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 2.25% Airbnb Rental Income: $2620 Traditional Rental Income: $2146 Airbnb ROI: 1.99% Traditional ROI: 2.25%
11477 FARMER RD Custer, SD *Sellers are offering a $10,000 credit for repairs with an accepted offer* LOTS TO BRA...	3 beds \| 3 baths \| 2,712 sq.ft.	$499,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.14% Airbnb Rental Income: $2620 Traditional Rental Income: $3097 Airbnb ROI: 1.77% Traditional ROI: 4.14%
12127 CHICKADEE LN Custer, SD Step inside and be greeted by expansive windows that showcase breathtaking, year-round vie...	3 beds \| 2 baths \| 1,680 sq.ft.	$410,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 3.51% Airbnb Rental Income: $2620 Traditional Rental Income: $2326 Airbnb ROI: 2.65% Traditional ROI: 3.51%
152 SHOOTING STAR LN Custer, SD Move-in ready home with an inviting layout and plenty of natural light. This 3 Bed/2 Bath ...	3 beds \| 2 baths \| 1,380 sq.ft.	$259,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 2.42% Airbnb Rental Income: $2620 Traditional Rental Income: $1941 Airbnb ROI: 2.64% Traditional ROI: 2.42%
475 Gordon Street Custer, SD GREAT PRIVACY! Single-level living in this historic ranch-style creekside home, tucked awa...	1 beds \| 1 baths \| N/A	$315,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.92% Airbnb Rental Income: $1339 Traditional Rental Income: $1341 Airbnb ROI: 0.52% Traditional ROI: 1.92%
12359 MOSS ROCK LN Custer, SD Turn-Key Black Hills Property with Proven VRBO Potential! Located just outside the Custer ...	4 beds \| 3 baths \| 2,520 sq.ft.	$732,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.73% Airbnb Rental Income: $3064 Traditional Rental Income: $3186 Airbnb ROI: 1.52% Traditional ROI: 2.73%
25361 S LIGHTNING CREEK Custer, SD Black Hills Horse Property Dream! Rare opportunity to own an exceptional 5-acre horse prop...	2 beds \| 2 baths \| 2,160 sq.ft.	$910,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 0.6% Airbnb Rental Income: $1743 Traditional Rental Income: $2548 Airbnb ROI: -0.92% Traditional ROI: 0.6%
25733 DAKOTA SUR DRIVE Custer, SD One-of-a-Kind Black Hills Cabin on a Private Forested 5.6 Acres. Escape to a rare mountain...	1 beds \| 1 baths \| 432 sq.ft.	$539,000	Airbnb cash on cash: -0.64% Traditional cash on cash: -0.14% Airbnb Rental Income: $1339 Traditional Rental Income: $1183 Airbnb ROI: -0.64% Traditional ROI: -0.14%
25842 HELL CANYON RD Custer, SD AHHHH. That's the sound you'll make the second you pull up to this Jorgensen log cabin. It...	1 beds \| 1 baths \| 1,344 sq.ft.	$474,500	Airbnb cash on cash: -0.42% Traditional cash on cash: 0.91% Airbnb Rental Income: $1339 Traditional Rental Income: $1517 Airbnb ROI: -0.42% Traditional ROI: 0.91%
1147 SHERMAN ST Custer, SD Now available for the first time since being built in 1970, is the well-kept raised ranch ...	3 beds \| 2 baths \| 1,928 sq.ft.	$390,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 3.08% Airbnb Rental Income: $2620 Traditional Rental Income: $2059 Airbnb ROI: 2.9% Traditional ROI: 3.08%
242 STONE HILL DR Custer, SD Another project by the premier contractor, Ruby Creek Builders. Talk about a top shelf qua...	3 beds \| 2 baths \| 1,777 sq.ft.	$679,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 1.06% Airbnb Rental Income: $2620 Traditional Rental Income: $2224 Airbnb ROI: 0.7% Traditional ROI: 1.06%
25161 LOWER FRENCH CREEK RD Custer, SD DREAM PROPERTY! Your search can be over with this CABIN IN THE WOODS situated on 20.75 acr...	2 beds \| 1 baths \| 1,088 sq.ft.	$999,000	Airbnb cash on cash: -1.04% Traditional cash on cash: -1.08% Airbnb Rental Income: $1743 Traditional Rental Income: $1232 Airbnb ROI: -1.04% Traditional ROI: -1.08%
12138 BUCKHORN ESTATES DR Custer, SD BLACK HILLS LIVING ON 5 ACRES - JUST ONE MILE FROM CUSTER! Enjoy the perfect combination o...	4 beds \| 3 baths \| 3,328 sq.ft.	$975,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 0.92% Airbnb Rental Income: $3064 Traditional Rental Income: $3012 Airbnb ROI: 0.2% Traditional ROI: 0.92%
11595 FARMER RD #White Buffalo Cabin Custer, SD LIVING ON THE EDGE! Proudly presenting the WHITE BUFFALO CABIN! This spectacular custom bu...	2 beds \| 3 baths \| 2,400 sq.ft.	$989,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 1.31% Airbnb Rental Income: $1743 Traditional Rental Income: $2818 Airbnb ROI: -0.38% Traditional ROI: 1.31%
25263 HWY 385 Custer, SD Perfect location for just about any use you might be looking for in a Black Hills Retreat!...	3 beds \| 3 baths \| 2,256 sq.ft.	$519,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 3.7% Airbnb Rental Income: $2620 Traditional Rental Income: $3003 Airbnb ROI: 1.62% Traditional ROI: 3.7%

Real Estate investment in Custer, SD

There are 29 properties for sale in the city of Custer . The median list price in Custer is $344,336 and the average price per square foot is $245. In November 2026, the average monthly cash on cash return in Custer is 2.00%. The average monthly rental income in Custer is $2,371.

Custer, SD Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 29 investment properties available for sale in Custer.

In 2026, the best neighborhood to buy investment property is Custer.

The ROI for Long-Term is higher than the Short-Term in Custer with average rental income of $2,371.

Your search for investment property begins and ends here

Investment Property for Sale in Custer, SD

232 S 2ND ST

Custer, SD

3 beds | 2 baths | 1,178 sq.ft.

$329,900

Airbnb cash on cash: 3.84%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $2620

Traditional Rental Income: $1824

Airbnb ROI: 3.84%

Traditional ROI: 3.29%

11892 KATHRINE CT

Custer, SD

4 beds | 5 baths | 4,736 sq.ft.

$1,249,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $3064

Traditional Rental Income: $3779

Airbnb ROI: -0.35%

Traditional ROI: 0.87%

11821 DIAMOND DR

Custer, SD

3 beds | 2 baths | 1,870 sq.ft.

$1,195,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: -0.07%

Airbnb Rental Income: $2620

Traditional Rental Income: $2572

Airbnb ROI: -0.59%

Traditional ROI: -0.07%

12322 BONANZA RD

Custer, SD

5 beds | 6 baths | 9,046 sq.ft.

$4,900,000

Airbnb cash on cash: -1.56%

Traditional cash on cash: -1.24%

Airbnb Rental Income: $4388

Traditional Rental Income: $4917

Airbnb ROI: -1.56%

Traditional ROI: -1.24%

12375 PONY EXPRESS

Custer, SD

4 beds | 3 baths | 1,800 sq.ft.

$1,200,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: -0.03%

Airbnb Rental Income: $3064

Traditional Rental Income: $2631

Airbnb ROI: -0.27%

Traditional ROI: -0.03%

416 AGATE LANE

Custer, SD

2 beds | 2 baths | 1,224 sq.ft.

$444,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $1743

Traditional Rental Income: $1885

Airbnb ROI: 0.52%

Traditional ROI: 2.01%

25474 HARRIET WARD RD #Harriett Ward

Custer, SD

2 beds | 1 baths | 938 sq.ft.

$246,000

Airbnb cash on cash: 2.74%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $1743

Traditional Rental Income: $1356

Airbnb ROI: 2.74%

Traditional ROI: 3.14%

25270 MILL POND ESTATES RD

Custer, SD

4 beds | 4 baths | 3,200 sq.ft.

$999,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 1.53%

Airbnb Rental Income: $3064

Traditional Rental Income: $3653

Airbnb ROI: 0.14%