Real Estate Investment Properties for Sale in Hill City, SD

Looking for investment property in Hill City, SD with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11687 W Paradise Hill City, SD Here is your chance to live out in the country with great access to the surrounding areas....	3 beds \| 2 baths \| 1,842 sq.ft.	$519,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 3.38% Airbnb Rental Income: $3198 Traditional Rental Income: $2528 Airbnb ROI: 3.27% Traditional ROI: 3.38%
23974 Thompson Dr Hill City, SD Listed by Bobbi Ternes 605-390-1941 Experience breathtaking views right within Hill City, ...	3 beds \| 2 baths \| 1,575 sq.ft.	$999,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 0.99% Airbnb Rental Income: $3198 Traditional Rental Income: $2688 Airbnb ROI: 0.76% Traditional ROI: 0.99%
23968 Thompson Dr Hill City, SD Contact Bobbi Ternes 605-390-1941 to schedule your private tour. Discover one-of-a-kind li...	3 beds \| 3 baths \| 3,023 sq.ft.	$1,899,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.07% Airbnb Rental Income: $3198 Traditional Rental Income: $3359 Airbnb ROI: -0.43% Traditional ROI: 0.07%
102 Ponderosa Avenue Hill City, SD This home provides great access to all of what Hill City offers and a central location to ...	5 beds \| 3 baths \| 2,232 sq.ft.	$345,000	Airbnb cash on cash: 5.4% Traditional cash on cash: 6.8% Airbnb Rental Income: $3487 Traditional Rental Income: $3171 Airbnb ROI: 5.4% Traditional ROI: 6.8%
12584 Mills Ranch Road Hill City, SD THE RIGHT STUFF! New Construction. Perfect high end Barndominium for carefree living with...	1 beds \| 1 baths \| 1,152 sq.ft.	$747,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 1.31% Airbnb Rental Income: $762 Traditional Rental Income: $1845 Airbnb ROI: -0.7% Traditional ROI: 1.31%
22734 S Rochford Road Hill City, SD EXTRAORDINARY BLACK HILLS BEAUTY! This jaw-dropping home is bursting at the seams with ame...	4 beds \| 3 baths \| 3,900 sq.ft.	$1,399,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.8% Airbnb Rental Income: $1611 Traditional Rental Income: $3314 Airbnb ROI: -0.86% Traditional ROI: 0.8%
240 Minor Lake Circle Hill City, SD RARE BLACK HILL HIDDEN TREASURE! Wonderful Hill City Location! ABSOLUTE SPLENDOR FROM TOP ...	3 beds \| 3 baths \| 2,374 sq.ft.	$998,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 0.92% Airbnb Rental Income: $3198 Traditional Rental Income: $3082 Airbnb ROI: 0.26% Traditional ROI: 0.92%
TBD Gillette Prairie Rd Hill City, SD	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: 3.96% Traditional cash on cash: 0.06% Airbnb Rental Income: $2458 Traditional Rental Income: $758 Airbnb ROI: 3.96% Traditional ROI: 0.06%
22625 N Rochford Rd Hill City, SD	3 beds \| 1 baths \| 1,617 sq.ft.	$775,000	Airbnb cash on cash: 1% Traditional cash on cash: -0.18% Airbnb Rental Income: $3198 Traditional Rental Income: $1622 Airbnb ROI: 1% Traditional ROI: -0.18%
12491 S Tall Pine Rd Hill City, SD	N/A beds \| N/A baths \| N/A	$474,900	Airbnb cash on cash: 1.68% Traditional cash on cash: -0.79% Airbnb Rental Income: $2458 Traditional Rental Income: $762 Airbnb ROI: 1.68% Traditional ROI: -0.79%
Lots 6 & 7 Mineral Ln Hill City, SD	N/A beds \| N/A baths \| N/A	$325,000	Airbnb cash on cash: 3.48% Traditional cash on cash: -0.12% Airbnb Rental Income: $2458 Traditional Rental Income: $758 Airbnb ROI: 3.48% Traditional ROI: -0.12%
TBD Lois Ln Hill City, SD	N/A beds \| N/A baths \| N/A	$389,000	Airbnb cash on cash: 2.54% Traditional cash on cash: -0.47% Airbnb Rental Income: $2458 Traditional Rental Income: $762 Airbnb ROI: 2.54% Traditional ROI: -0.47%
22625 Other Hill City, SD	3 beds \| 1 baths \| 1,617 sq.ft.	$775,000	Airbnb cash on cash: 1% Traditional cash on cash: -0.18% Airbnb Rental Income: $3198 Traditional Rental Income: $1622 Airbnb ROI: 1% Traditional ROI: -0.18%
Lot 6 & 7 Mineral Ln Hill City, SD	N/A beds \| N/A baths \| N/A	$325,000	Airbnb cash on cash: 3.48% Traditional cash on cash: -0.12% Airbnb Rental Income: $2458 Traditional Rental Income: $758 Airbnb ROI: 3.48% Traditional ROI: -0.12%
Blk 6 Lot 8 & 9 Other Hill City, SD	N/A beds \| N/A baths \| N/A	$184,000	Airbnb cash on cash: 7.8% Traditional cash on cash: 1.51% Airbnb Rental Income: $2458 Traditional Rental Income: $758 Airbnb ROI: 7.8% Traditional ROI: 1.51%
Blk 7 Lot 4 Other Hill City, SD	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 8.31% Traditional cash on cash: 1.7% Airbnb Rental Income: $2458 Traditional Rental Income: $758 Airbnb ROI: 8.31% Traditional ROI: 1.7%
Blk 7 4 Lot 4 Hill City, SD	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 8.31% Traditional cash on cash: 1.7% Airbnb Rental Income: $2458 Traditional Rental Income: $758 Airbnb ROI: 8.31% Traditional ROI: 1.7%
Blk 6 8 & 9 Lot 8 Hill City, SD	N/A beds \| N/A baths \| N/A	$184,000	Airbnb cash on cash: 7.8% Traditional cash on cash: 1.51% Airbnb Rental Income: $2458 Traditional Rental Income: $758 Airbnb ROI: 7.8% Traditional ROI: 1.51%

Real Estate investment in Hill-city, SD

There are 18 properties for sale in the city of Hill City . The median list price in Hill City is $241,950 and the average price per square foot is $113. In January 2026, the average monthly cash on cash return in Hill City is 1.00%. The average monthly rental income in Hill City is $947.

Hill-city, SD Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Hill-city.

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

The ROI for Short-Term is higher than the Long-Term in Hill-city with average rental income of $2,458.

Your search for investment property begins and ends here

Investment Property for Sale in Hill City, SD

11687 W Paradise

Hill City, SD

3 beds | 2 baths | 1,842 sq.ft.

$519,000

Airbnb cash on cash: 3.27%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $3198

Traditional Rental Income: $2528

Airbnb ROI: 3.27%

Traditional ROI: 3.38%

23974 Thompson Dr

Hill City, SD

3 beds | 2 baths | 1,575 sq.ft.

$999,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 0.99%

Airbnb Rental Income: $3198

Traditional Rental Income: $2688

Airbnb ROI: 0.76%

Traditional ROI: 0.99%

23968 Thompson Dr

Hill City, SD

3 beds | 3 baths | 3,023 sq.ft.

$1,899,000

Airbnb cash on cash: -0.43%

Traditional cash on cash: 0.07%

Airbnb Rental Income: $3198

Traditional Rental Income: $3359

Airbnb ROI: -0.43%

Traditional ROI: 0.07%

102 Ponderosa Avenue

Hill City, SD

5 beds | 3 baths | 2,232 sq.ft.

$345,000

Airbnb cash on cash: 5.4%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $3487

Traditional Rental Income: $3171

Airbnb ROI: 5.4%

Traditional ROI: 6.8%

12584 Mills Ranch Road

Hill City, SD

1 beds | 1 baths | 1,152 sq.ft.

$747,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 1.31%

Airbnb Rental Income: $762

Traditional Rental Income: $1845

Airbnb ROI: -0.7%

Traditional ROI: 1.31%

22734 S Rochford Road

Hill City, SD

4 beds | 3 baths | 3,900 sq.ft.

$1,399,000

Airbnb cash on cash: -0.86%

Traditional cash on cash: 0.8%

Airbnb Rental Income: $1611

Traditional Rental Income: $3314

Airbnb ROI: -0.86%

Traditional ROI: 0.8%

240 Minor Lake Circle

Hill City, SD

3 beds | 3 baths | 2,374 sq.ft.

$998,000

Airbnb cash on cash: 0.26%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $3198

Traditional Rental Income: $3082

Airbnb ROI: 0.26%

Traditional ROI: 0.92%

TBD Gillette Prairie Rd

Hill City, SD

N/A beds | N/A baths | N/A

$299,900

Airbnb cash on cash: 3.96%

Traditional cash on cash: 0.06%

Airbnb Rental Income: $2458

Traditional Rental Income: $758

Airbnb ROI: 3.96%