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

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: 4.45% Traditional cash on cash: 4.23% Airbnb Rental Income: $2318 Traditional Rental Income: $1688 Airbnb ROI: 4.45% Traditional ROI: 4.23%
11892 Katherine 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: 0.56% Traditional cash on cash: 1.76% Airbnb Rental Income: $3091 Traditional Rental Income: $3779 Airbnb ROI: 0.56% Traditional ROI: 1.76%
24842 Wild Turkey Dr Custer, SD COUNTRY LIVING AT ITS BEST! Located in the highly sought-after Fork Creek Subdivision with...	4 beds \| 3 baths \| 3,136 sq.ft.	$749,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.05% Airbnb Rental Income: $3091 Traditional Rental Income: $3201 Airbnb ROI: 1.88% Traditional ROI: 3.05%
920 Gordon St Custer, SD Cozy ranch style home that is move in ready! Offering hardwood floors, plenty of windows, ...	3 beds \| N/A baths \| 1,028 sq.ft.	$325,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 3.95% Airbnb Rental Income: $2318 Traditional Rental Income: $1770 Airbnb ROI: 3.86% Traditional ROI: 3.95%
11821 Diamond Rd 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: -0.82% Traditional cash on cash: -0.07% Airbnb Rental Income: $2318 Traditional Rental Income: $2572 Airbnb ROI: -0.82% Traditional ROI: -0.07%
606 Victory Ln Custer, SD Enjoy a peaceful, private setting, situated on a large half-acre + corner lot with mature ...	2 beds \| 1 baths \| 1,744 sq.ft.	$590,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.69% Airbnb Rental Income: $1764 Traditional Rental Income: $1739 Airbnb ROI: -0.14% Traditional ROI: 0.69%
25139 Renegade Pass Custer, SD Black Hills Dream Horse Property! Rare find on 11.4 acres backed by thousands of acres of ...	5 beds \| 3 baths \| 3,376 sq.ft.	$975,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 1.42% Airbnb Rental Income: $4461 Traditional Rental Income: $3468 Airbnb ROI: 1.48% Traditional ROI: 1.42%
26692 Maverick Way Custer, SD Pride of Ownership is showcased throughout this property located in the South Park Ranch S...	2 beds \| 2 baths \| 1,367 sq.ft.	$599,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.19% Airbnb Rental Income: $1764 Traditional Rental Income: $2050 Airbnb ROI: -0.18% Traditional ROI: 1.19%
417 Montgomery St Custer, SD Attractive and spacious older home on large .37-acre lot overlooking the city of Custer. L...	3 beds \| 2 baths \| 1,640 sq.ft.	$289,500	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.95% Airbnb Rental Income: $2318 Traditional Rental Income: $2341 Airbnb ROI: 3.75% Traditional ROI: 5.95%
144 Boot Hill Rd Custer, SD Rare .90 Acre estate inside city limits. Arrive via a paved driveway through mature ponder...	3 beds \| 2 baths \| 2,235 sq.ft.	$649,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 0.58% Airbnb Rental Income: $2318 Traditional Rental Income: $1620 Airbnb ROI: 0.78% Traditional ROI: 0.58%
25278 Wittrock Rd Custer, SD Discover your hidden treasure in the heart of the Black Hillsâ a horse lover's paradise ...	4 beds \| 4 baths \| 4,093 sq.ft.	$1,075,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 1.46% Airbnb Rental Income: $3091 Traditional Rental Income: $3200 Airbnb ROI: 0.65% Traditional ROI: 1.46%
12063 Red Rock Ln Custer, SD This is a beautiful lot in the trees just off of SD Hwy 89. Highway 89 is not busy but it ...	N/A beds \| N/A baths \| 320 sq.ft.	$144,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 8.38% Airbnb Rental Income: $1010 Traditional Rental Income: $1564 Airbnb ROI: 1.77% Traditional ROI: 8.38%
12265 Bavarian Ct Custer, SD Listed by Amanda Carlin and Phil Lampert. Experience the timeless awe of a true Jorgenson ...	4 beds \| 3 baths \| 3,235 sq.ft.	$1,100,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 2.24% Airbnb Rental Income: $3091 Traditional Rental Income: $3844 Airbnb ROI: 0.81% Traditional ROI: 2.24%
599 W Mt. Rushmore Rd Custer, SD HUGE PRICE REDUCTION!! Here is a world of opportunity property is zoned Highway Commercial...	4 beds \| 1 baths \| 2,064 sq.ft.	$439,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 3.13% Airbnb Rental Income: $3091 Traditional Rental Income: $2016 Airbnb ROI: 4.03% Traditional ROI: 3.13%
11585 War Bonnet Rd Custer, SD Picturesque 20.71-acre ranchette located off of War Bonnet Road just minutes west of Custe...	4 beds \| 3 baths \| 3,136 sq.ft.	$1,199,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 1.34% Airbnb Rental Income: $3091 Traditional Rental Income: $3321 Airbnb ROI: 0.51% Traditional ROI: 1.34%
119 N 10th St Custer, SD Just minutes from downtown Custer, this property offers a great opportunity to bring your ...	1 beds \| 1 baths \| 771 sq.ft.	$159,900	Airbnb cash on cash: 3.09% Traditional cash on cash: 6.07% Airbnb Rental Income: $1250 Traditional Rental Income: $1309 Airbnb ROI: 3.09% Traditional ROI: 6.07%
960 Ponderosa St Custer, SD Originally built only 9 years ago and available now is this superb 4-bedroom, 2-bathroom h...	4 beds \| 2 baths \| 2,242 sq.ft.	$369,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 5.78% Airbnb Rental Income: $3091 Traditional Rental Income: $2751 Airbnb ROI: 4.73% Traditional ROI: 5.78%
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 \| 3,116 sq.ft.	$1,159,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 2.21% Airbnb Rental Income: $3091 Traditional Rental Income: $3653 Airbnb ROI: 1.03% Traditional ROI: 2.21%
12375 Hall Dr Custer, SD BLACK HILLS SECRET SANCTUARY! Exquisite custom home that's mesmerizing from top to bottom,...	4 beds \| 3 baths \| 3,496 sq.ft.	$1,199,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 1.73% Airbnb Rental Income: $3091 Traditional Rental Income: $3802 Airbnb ROI: 0.46% Traditional ROI: 1.73%
11405 Hawkright Rd Custer, SD A rare white turkey calls this 40-acre haven homeâa symbol of good fortune and a reminde...	3 beds \| 1 baths \| 1,376 sq.ft.	$795,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 1.56% Airbnb Rental Income: $2318 Traditional Rental Income: $2146 Airbnb ROI: 1.02% Traditional ROI: 1.56%
12127 Chickadee Ln Custer, SD This property is tucked away amongst the pines in the Beautiful Black Hills! This 1680 sq....	3 beds \| 2 baths \| 1,680 sq.ft.	$425,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 3.31% Airbnb Rental Income: $2318 Traditional Rental Income: $2326 Airbnb ROI: 1.84% Traditional ROI: 3.31%
405 N 7th Custer, SD	N/A beds \| N/A baths \| N/A	$182,500	Airbnb cash on cash: 0.94% Traditional cash on cash: 1.54% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 0.94% Traditional ROI: 1.54%
Block 1, Lot 8 Stone Hl Custer, SD	N/A beds \| N/A baths \| N/A	$69,500	Airbnb cash on cash: 5.85% Traditional cash on cash: 7.37% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 5.85% Traditional ROI: 7.37%
11815 W Argyle Rd Custer, SD	N/A beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 0.52% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 0.08% Traditional ROI: 0.52%
TBD Mt. Rushmore Rd Custer, SD	N/A beds \| N/A baths \| N/A	$299,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 0.07% Airbnb Rental Income: $1010 Traditional Rental Income: $759 Airbnb ROI: -0.31% Traditional ROI: 0.07%
Lot F Cold Spring Trl Custer, SD	N/A beds \| N/A baths \| N/A	$143,300	Airbnb cash on cash: 1.79% Traditional cash on cash: 2.56% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 1.79% Traditional ROI: 2.56%
11675 Canyon Rim Rnch Custer, SD	N/A beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 0.52% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 0.08% Traditional ROI: 0.52%
Lot G Cold Spring Trl Custer, SD	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 3.46% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 2.55% Traditional ROI: 3.46%
12075 True Grit Trl Custer, SD	N/A beds \| N/A baths \| N/A	$325,000	Airbnb cash on cash: -0.47% Traditional cash on cash: -0.12% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: -0.47% Traditional ROI: -0.12%
Lot H Cold Spring Trl Custer, SD	N/A beds \| N/A baths \| N/A	$251,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 0.5% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 0.06% Traditional ROI: 0.5%
Lot 19, Block 1 Stone Hl Custer, SD	N/A beds \| N/A baths \| N/A	$79,500	Airbnb cash on cash: 4.88% Traditional cash on cash: 6.22% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 4.88% Traditional ROI: 6.22%
12075 Other Custer, SD	N/A beds \| N/A baths \| N/A	$355,000	Airbnb cash on cash: -0.62% Traditional cash on cash: -0.3% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: -0.62% Traditional ROI: -0.3%
Lot 22 Block 1 Park Ave Custer, SD	N/A beds \| N/A baths \| N/A	$109,500	Airbnb cash on cash: 2.99% Traditional cash on cash: 3.99% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: 2.99% Traditional ROI: 3.99%
12355 Star Valley Dr Custer, SD	N/A beds \| N/A baths \| N/A	$699,000	Airbnb cash on cash: -1.44% Traditional cash on cash: -1.28% Airbnb Rental Income: $1010 Traditional Rental Income: $758 Airbnb ROI: -1.44% Traditional ROI: -1.28%
Block 1, LOT 12 Stone Hl Custer, SD	N/A beds \| N/A baths \| N/A	$79,500	Airbnb cash on cash: 4.88% Traditional cash on cash: 7.64% Airbnb Rental Income: $1010 Traditional Rental Income: $869 Airbnb ROI: 4.88% Traditional ROI: 7.64%
11431 Wrangler Rd Custer, SD	4 beds \| 3 baths \| 3,674 sq.ft.	$949,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 0.7% Airbnb Rental Income: $3091 Traditional Rental Income: $2744 Airbnb ROI: 0.29% Traditional ROI: 0.7%
26020 Golden Willow Pkwy Custer, SD Open-concept, single-level living ranch on a lush acreage with a front row seat to US Fore...	2 beds \| 2 baths \| 1,488 sq.ft.	$549,850	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.98% Airbnb Rental Income: $1764 Traditional Rental Income: $2289 Airbnb ROI: 0.01% Traditional ROI: 1.98%
305 Mt Rushmore Rd Custer, SD	3 beds \| 2 baths \| 3,723 sq.ft.	$520,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 1.46% Airbnb Rental Income: $2318 Traditional Rental Income: $1922 Airbnb ROI: 1.09% Traditional ROI: 1.46%
TBD Caledonia Trl Custer, SD	N/A beds \| N/A baths \| N/A	$112,500	Airbnb cash on cash: 2.86% Traditional cash on cash: 4.25% Airbnb Rental Income: $1010 Traditional Rental Income: $804 Airbnb ROI: 2.86% Traditional ROI: 4.25%

Real Estate investment in Custer, SD

There are 85 properties for sale in the city of Custer . The median list price in Custer is $532,725 and the average price per square foot is $358. In June 2026, the average monthly cash on cash return in Custer is 3.00%. The average monthly rental income in Custer is $1,620.

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

There are 85 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 $1,620.

Your search for investment property begins and ends here

Investment Property for Sale in Custer, SD

821 Montgomery St

Custer, SD

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

$259,000

Airbnb cash on cash: 4.45%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $2318

Traditional Rental Income: $1688

Airbnb ROI: 4.45%

Traditional ROI: 4.23%

11892 Katherine Ct

Custer, SD

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

$1,249,000

Airbnb cash on cash: 0.56%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $3091

Traditional Rental Income: $3779

Airbnb ROI: 0.56%

Traditional ROI: 1.76%

24842 Wild Turkey Dr

Custer, SD

4 beds | 3 baths | 3,136 sq.ft.

$749,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $3091

Traditional Rental Income: $3201

Airbnb ROI: 1.88%

Traditional ROI: 3.05%

920 Gordon St

Custer, SD

3 beds | N/A baths | 1,028 sq.ft.

$325,000

Airbnb cash on cash: 3.86%

Traditional cash on cash: 3.95%

Airbnb Rental Income: $2318

Traditional Rental Income: $1770

Airbnb ROI: 3.86%

Traditional ROI: 3.95%

11821 Diamond Rd

Custer, SD

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

$1,195,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: -0.07%

Airbnb Rental Income: $2318

Traditional Rental Income: $2572

Airbnb ROI: -0.82%

Traditional ROI: -0.07%

606 Victory Ln

Custer, SD

2 beds | 1 baths | 1,744 sq.ft.

$590,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 0.69%

Airbnb Rental Income: $1764

Traditional Rental Income: $1739

Airbnb ROI: -0.14%

Traditional ROI: 0.69%

25139 Renegade Pass

Custer, SD

5 beds | 3 baths | 3,376 sq.ft.

$975,000

Airbnb cash on cash: 1.48%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $4461

Traditional Rental Income: $3468

Airbnb ROI: 1.48%

Traditional ROI: 1.42%

26692 Maverick Way

Custer, SD

2 beds | 2 baths | 1,367 sq.ft.

$599,900

Airbnb cash on cash: -0.18%

Traditional cash on cash: 1.19%

Airbnb Rental Income: $1764

Traditional Rental Income: $2050

Airbnb ROI: -0.18%