Real Estate Investment Properties for Sale in Mitchell, SD

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1100 W 6th Ave Mitchell, SD This is a great home in a quiet neighborhood, near the edge of Mitchell. It has 2 bedrooms...	2 beds \| 1 baths \| 911 sq.ft.	$195,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 4.54% Airbnb Rental Income: $1066 Traditional Rental Income: $1260 Airbnb ROI: 1.52% Traditional ROI: 4.54%
812 W 6th Ave Mitchell, SD Curb appeal and an easy keeper. This is an updated and clean property that is a low mainte...	2 beds \| N/A baths \| 818 sq.ft.	$163,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 6.25% Airbnb Rental Income: $1066 Traditional Rental Income: $1356 Airbnb ROI: 2.03% Traditional ROI: 6.25%
915 University Blvd Mitchell, SD Historic charm meets modern living. Spacious 4 bedroom home with 3.5 baths and updated liv...	4 beds \| 3 baths \| 3,172 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $3879 Airbnb ROI: N/A Traditional ROI: 5.68%
1516 Deerfield Ln Ln Mitchell, SD This country home features 4+ bedrooms and 3 bathrooms, nestled on approximately 2.51 +/- ...	4 beds \| 3 baths \| 3,986 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.17% Airbnb Rental Income: $null Traditional Rental Income: $2973 Airbnb ROI: N/A Traditional ROI: 2.17%
711 W 16th Ave Ave Mitchell, SD Discover this spacious 2,700 sq. ft. twin home, perfect for living! 4 bedrooms and 2 bathr...	4 beds \| 2 baths \| 2,700 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $2584 Airbnb ROI: N/A Traditional ROI: 5.28%
401 E 12th Ave Ave Mitchell, SD Well-maintained 2-bedroom ranch w/ extensive updates & smart-home features. Drivit siding ...	2 beds \| 1 baths \| 920 sq.ft.	$179,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.5% Airbnb Rental Income: $1066 Traditional Rental Income: $1268 Airbnb ROI: 1.18% Traditional ROI: 4.5%
211 W 15th Ave Mitchell, SD	5 beds \| 3 baths \| 2,621 sq.ft.	$299,500	Airbnb cash on cash: 6.83% Traditional cash on cash: 6.28% Airbnb Rental Income: $3426 Traditional Rental Income: $2511 Airbnb ROI: 6.83% Traditional ROI: 6.28%
1508 W 20th Ave Mitchell, SD	3 beds \| N/A baths \| 1,638 sq.ft.	$359,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 2.48% Airbnb Rental Income: $1744 Traditional Rental Income: $1706 Airbnb ROI: 1.17% Traditional ROI: 2.48%
808 W Plum Ave Mitchell, SD	3 beds \| 2 baths \| 1,694 sq.ft.	$415,500	Airbnb cash on cash: 0.71% Traditional cash on cash: 1.91% Airbnb Rental Income: $1744 Traditional Rental Income: $1732 Airbnb ROI: 0.71% Traditional ROI: 1.91%
917/919 W 16th Ave Mitchell, SD	4 beds \| N/A baths \| 2,452 sq.ft.	$589,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.04% Airbnb Rental Income: $null Traditional Rental Income: $2478 Airbnb ROI: N/A Traditional ROI: 2.04%
1525 Nagle Ln Mitchell, SD	3 beds \| 2 baths \| 1,200 sq.ft.	$270,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 2.72% Airbnb Rental Income: $1744 Traditional Rental Income: $1371 Airbnb ROI: 2.3% Traditional ROI: 2.72%
1117 S Anderson St Mitchell, SD	2 beds \| 2 baths \| 1,368 sq.ft.	$285,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.88% Airbnb Rental Income: $1066 Traditional Rental Income: $1487 Airbnb ROI: -0.04% Traditional ROI: 2.88%
1119 S Anderson St Mitchell, SD	2 beds \| 2 baths \| 1,368 sq.ft.	$283,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.92% Airbnb Rental Income: $1066 Traditional Rental Income: $1487 Airbnb ROI: -0.03% Traditional ROI: 2.92%
1113 S Anderson St Mitchell, SD	2 beds \| 2 baths \| 1,368 sq.ft.	$291,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.18% Airbnb Rental Income: $1066 Traditional Rental Income: $1324 Airbnb ROI: -0.09% Traditional ROI: 2.18%
Lot 4 Rumley Ct Mitchell, SD	N/A beds \| N/A baths \| 0 sq.ft.	$79,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $745 Airbnb ROI: N/A Traditional ROI: 6.11%
Deer Valley Cir Mitchell, SD	N/A beds \| N/A baths \| 0 sq.ft.	$59,800	Airbnb cash on cash: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $745 Airbnb ROI: N/A Traditional ROI: 8.61%
Hillside Dr Mitchell, SD	N/A beds \| N/A baths \| 0 sq.ft.	$79,800	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $745 Airbnb ROI: N/A Traditional ROI: 6.03%
124 E 1st Ave Mitchell, SD	N/A beds \| N/A baths \| 0 sq.ft.	$60,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.56% Airbnb Rental Income: $null Traditional Rental Income: $745 Airbnb ROI: N/A Traditional ROI: 8.56%
Cedar Ridge Cir Mitchell, SD	N/A beds \| N/A baths \| 0 sq.ft.	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.39% Airbnb Rental Income: $null Traditional Rental Income: $467 Airbnb ROI: N/A Traditional ROI: 1.39%
118 E 1st Ave Mitchell, SD	N/A beds \| N/A baths \| 0 sq.ft.	$61,250	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $445 Airbnb ROI: N/A Traditional ROI: 3.47%
Prairie Hills Dr Mitchell, SD	N/A beds \| N/A baths \| 0 sq.ft.	$69,800	Airbnb cash on cash: N/A Traditional cash on cash: 7.15% Airbnb Rental Income: $null Traditional Rental Income: $745 Airbnb ROI: N/A Traditional ROI: 7.15%
40580 250th St St Mitchell, SD	5 beds \| 4 baths \| 10,095 sq.ft.	$2,495,000	Airbnb cash on cash: -1.19% Traditional cash on cash: -0.97% Airbnb Rental Income: $3426 Traditional Rental Income: $3180 Airbnb ROI: -1.19% Traditional ROI: -0.97%
25805 W Enemy Creek LP Ln Mitchell, SD	5 beds \| 3 baths \| 3,656 sq.ft.	$725,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 1.37% Airbnb Rental Income: $3426 Traditional Rental Income: $2572 Airbnb ROI: 1.51% Traditional ROI: 1.37%
Tbd Cabela Dr Mitchell, SD	N/A beds \| N/A baths \| N/A	$759,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.77% Airbnb Rental Income: $null Traditional Rental Income: $467 Airbnb ROI: N/A Traditional ROI: -1.77%
110 E 54th Ave Mitchell, SD	N/A beds \| N/A baths \| N/A	$153,549	Airbnb cash on cash: N/A Traditional cash on cash: 0.26% Airbnb Rental Income: $null Traditional Rental Income: $467 Airbnb ROI: N/A Traditional ROI: 0.26%
TBD E Spruce St Mitchell, SD	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.15% Airbnb Rental Income: $null Traditional Rental Income: $469 Airbnb ROI: N/A Traditional ROI: -1.15%
SD Hwy 37 & E Spruce St Mitchell, SD	N/A beds \| N/A baths \| N/A	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.01% Airbnb Rental Income: $null Traditional Rental Income: $467 Airbnb ROI: N/A Traditional ROI: -2.01%
711 W 16th Ave Mitchell, SD Discover this spacious 2,700 sq. ft. twin home, perfect for living! 4 bedrooms and 2 bathr...	4 beds \| 2 baths \| 2,700 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $2406 Airbnb ROI: N/A Traditional ROI: 4.74%
1516 Deerfield Ln Mitchell, SD This country home features 4+ beds & 3 baths, nestled on 2.51+/- acres. It boasts an open ...	4 beds \| 3 baths \| 3,986 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.83% Airbnb Rental Income: $null Traditional Rental Income: $2743 Airbnb ROI: N/A Traditional ROI: 1.83%
1312 Mitchell Blvd Mitchell, SD	4 beds \| 3 baths \| 2,975 sq.ft.	$429,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $2642 Airbnb ROI: N/A Traditional ROI: 4.04%
TBD Commerce St Mitchell, SD	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.27% Airbnb Rental Income: $null Traditional Rental Income: $477 Airbnb ROI: N/A Traditional ROI: -1.27%
W Harmon Dr Mitchell, SD	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $477 Airbnb ROI: N/A Traditional ROI: 4.66%
Bills Beach Rd Mitchell, SD	N/A beds \| N/A baths \| N/A	$39,800	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $479 Airbnb ROI: N/A Traditional ROI: 7.07%
Canal Cir Mitchell, SD	N/A beds \| N/A baths \| N/A	$99,800	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $477 Airbnb ROI: N/A Traditional ROI: 1.68%
E Hwy 38 Mitchell, SD	N/A beds \| N/A baths \| N/A	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.28% Airbnb Rental Income: $null Traditional Rental Income: $563 Airbnb ROI: N/A Traditional ROI: -1.28%
2800 Cottonwood Cir Mitchell, SD	3 beds \| 2 baths \| 1,750 sq.ft.	$415,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.6% Airbnb Rental Income: $1744 Traditional Rental Income: $1998 Airbnb ROI: 0.71% Traditional ROI: 2.6%
1601 N Gale Rd Mitchell, SD	3 beds \| 2 baths \| 1,308 sq.ft.	$399,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 1.37% Airbnb Rental Income: $1744 Traditional Rental Income: $1465 Airbnb ROI: 0.83% Traditional ROI: 1.37%

Real Estate investment in Mitchell, SD

There are 78 properties for sale in the city of Mitchell . The median list price in Mitchell is $249,771 and the average price per square foot is $146. In June 2026, the average monthly cash on cash return in Mitchell is 3.00%. The average monthly rental income in Mitchell is $1,264.

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

There are 78 investment properties available for sale in Mitchell.

The ROI for Long-Term is higher than the Short-Term in Mitchell with average rental income of $1,264.

Your search for investment property begins and ends here

Investment Property for Sale in Mitchell, SD

1100 W 6th Ave

Mitchell, SD

2 beds | 1 baths | 911 sq.ft.

$195,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1066

Traditional Rental Income: $1260

Airbnb ROI: 1.52%

Traditional ROI: 4.54%

812 W 6th Ave

Mitchell, SD

2 beds | N/A baths | 818 sq.ft.

$163,000

Airbnb cash on cash: 2.03%

Traditional cash on cash: 6.25%

Airbnb Rental Income: $1066

Traditional Rental Income: $1356

Airbnb ROI: 2.03%

Traditional ROI: 6.25%

915 University Blvd

Mitchell, SD

4 beds | 3 baths | 3,172 sq.ft.

$549,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3879

Airbnb ROI: N/A

Traditional ROI: 5.68%

1516 Deerfield Ln Ln

Mitchell, SD

4 beds | 3 baths | 3,986 sq.ft.

$800,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.17%

Airbnb Rental Income: $null

Traditional Rental Income: $2973

Airbnb ROI: N/A

Traditional ROI: 2.17%

711 W 16th Ave Ave

Mitchell, SD

4 beds | 2 baths | 2,700 sq.ft.

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.28%

Airbnb Rental Income: $null

Traditional Rental Income: $2584

Airbnb ROI: N/A

Traditional ROI: 5.28%

401 E 12th Ave Ave

Mitchell, SD

2 beds | 1 baths | 920 sq.ft.

$179,900

Airbnb cash on cash: 1.18%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $1066

Traditional Rental Income: $1268

Airbnb ROI: 1.18%

Traditional ROI: 4.5%

211 W 15th Ave

Mitchell, SD

5 beds | 3 baths | 2,621 sq.ft.

$299,500

Airbnb cash on cash: 6.83%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $3426

Traditional Rental Income: $2511

Airbnb ROI: 6.83%

Traditional ROI: 6.28%

1508 W 20th Ave

Mitchell, SD

3 beds | N/A baths | 1,638 sq.ft.

$359,900

Airbnb cash on cash: 1.17%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1744

Traditional Rental Income: $1706

Airbnb ROI: 1.17%