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, Parkstonis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11991 Oak Dr Whitewood, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	4 beds \| 3 baths \| 4,760 sq.ft.	$1,299,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.48% Airbnb Rental Income: $706 Traditional Rental Income: $3228 Airbnb ROI: -0.87% Traditional ROI: 1.48%
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.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.54% Airbnb Rental Income: $null Traditional Rental Income: $1609 Airbnb ROI: N/A Traditional ROI: 5.54%
7812 Tuscan Club Cir Sioux Falls, SD Come check out this well-maintained ranch in a highly sought after exclusive neighborhood ...	5 beds \| 4 baths \| 4,068 sq.ft.	$1,049,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 1.58% Airbnb Rental Income: $1097 Traditional Rental Income: $3799 Airbnb ROI: -1.57% Traditional ROI: 1.58%
324 SW 10th Avenue Aberdeen, SD Well kept home on a corner lot with extra land!Large lots with plenty of privacy surrounde...	4 beds \| 1 baths \| 2,371 sq.ft.	$174,900	Airbnb cash on cash: 4.76% Traditional cash on cash: 7.73% Airbnb Rental Income: $1703 Traditional Rental Income: $1724 Airbnb ROI: 4.76% Traditional ROI: 7.73%
3017 S Keyrell Dr Sioux Falls, SD This beautifully maintained split foyer home features 5 bedrooms, 3 bathrooms, and a spaci...	5 beds \| 3 baths \| 1,956 sq.ft.	$385,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 5.66% Airbnb Rental Income: $654 Traditional Rental Income: $2968 Airbnb ROI: -1.58% Traditional ROI: 5.66%
5809 W Oakcrest Dr Sioux Falls, SD From the moment you walk in, the layout feels right. This home offers the kind of space th...	3 beds \| 2 baths \| 1,514 sq.ft.	$295,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 6.01% Airbnb Rental Income: $870 Traditional Rental Income: $2129 Airbnb ROI: 0.27% Traditional ROI: 6.01%
110 Hamilton Circle Aberdeen, SD Nicely updated zero entry TWIN HOME located on a quiet cul-de-sac with easy access to shop...	4 beds \| 3 baths \| 3,204 sq.ft.	$389,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.52% Airbnb Rental Income: $1703 Traditional Rental Income: $2234 Airbnb ROI: 0.77% Traditional ROI: 3.52%
1209 E 33rd St Sioux Falls, SD This is a house you will be proud to call HOME!! 3 Bedrooms and 2 Baths in a very desirabl...	3 beds \| 2 baths \| 1,972 sq.ft.	$299,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.94% Airbnb Rental Income: $1059 Traditional Rental Income: $2364 Airbnb ROI: 0.03% Traditional ROI: 5.94%
815 NE 15th Avenue Aberdeen, SD Great main floor condominium - NO STEPS!!Open concept. Secure building w/cameras, key and...	2 beds \| 2 baths \| 1,298 sq.ft.	$147,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 9.5% Airbnb Rental Income: $875 Traditional Rental Income: $1743 Airbnb ROI: 1.01% Traditional ROI: 9.5%
817 W 12th St Sioux Falls, SD It's a great time to buy a house and this just might be your new home. Large back yard wit...	2 beds \| 2 baths \| 1,276 sq.ft.	$180,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 7.58% Airbnb Rental Income: $760 Traditional Rental Income: $1760 Airbnb ROI: -0.1% Traditional ROI: 7.58%
1604 W 18th St Sioux Falls, SD Charming & character are just 2 words to begin to describe this adorable 1.5 story home lo...	2 beds \| 1 baths \| 1,002 sq.ft.	$209,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 3.72% Airbnb Rental Income: $860 Traditional Rental Income: $1265 Airbnb ROI: 0.02% Traditional ROI: 3.72%
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.	$226,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 5.5% Airbnb Rental Income: $916 Traditional Rental Income: $1674 Airbnb ROI: 0.38% Traditional ROI: 5.5%
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: -1.89% Traditional cash on cash: 0.63% Airbnb Rental Income: $863 Traditional Rental Income: $2580 Airbnb ROI: -1.89% Traditional ROI: 0.63%
1301 N 2nd Street Aberdeen, SD This beautifully maintained home is packed with value and potential! Featuring a fully rem...	2 beds \| 1 baths \| 1,836 sq.ft.	$260,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.19% Airbnb Rental Income: $875 Traditional Rental Income: $1393 Airbnb ROI: -0.29% Traditional ROI: 3.19%
6008 W Cheyenne Dr Sioux Falls, SD If yard space and location are high on your list, this one deserves a look. Situated in a ...	3 beds \| 2 baths \| 1,680 sq.ft.	$305,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 5% Airbnb Rental Income: $1097 Traditional Rental Income: $2108 Airbnb ROI: 0.19% Traditional ROI: 5%
2538 Meadows Dr Sturgis, SD Listed by Sarah Peterka Keller Williams Realty-Black Hills Spearfish 605-661-2802. One of ...	3 beds \| 2 baths \| 2,193 sq.ft.	$390,000	Airbnb cash on cash: 0% Traditional cash on cash: 4.49% Airbnb Rental Income: $1374 Traditional Rental Income: $2637 Airbnb ROI: 0% Traditional ROI: 4.49%
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.	$3,495,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.45% Airbnb Rental Income: $null Traditional Rental Income: $2854 Airbnb ROI: N/A Traditional ROI: -1.45%
811 S Ibis Street Aberdeen, SD Experience the next level of luxury in Meadowlark Acres. This isn't just a new build; it's...	5 beds \| 4 baths \| 3,732 sq.ft.	$637,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.47% Airbnb Rental Income: $null Traditional Rental Income: $3972 Airbnb ROI: N/A Traditional ROI: 5.47%
1209 S Wheatland Ave Sioux Falls, SD Immediate occupancy available with this 2 bedroom 2 bathroom RANCH STYLE VILLA. Upon enter...	2 beds \| 2 baths \| 1,290 sq.ft.	$345,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 3.62% Airbnb Rental Income: $737 Traditional Rental Income: $2054 Airbnb ROI: -1.41% Traditional ROI: 3.62%
331 E 5th St Bridgewater, SD Wonderfully large home on 7 lots in small-town USA. Sound like a dream? Wake up to this op...	5 beds \| 3 baths \| 3,478 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.54% Airbnb Rental Income: $null Traditional Rental Income: $2358 Airbnb ROI: N/A Traditional ROI: 7.54%
2508 Meadows Dr Sturgis, SD Photos are of a similar home. Base price of $197,900 plus enlarging the deck This is one...	5 beds \| 3 baths \| 2,086 sq.ft.	$468,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 3.99% Airbnb Rental Income: $2814 Traditional Rental Income: $2849 Airbnb ROI: 2.41% Traditional ROI: 3.99%
599 Prairie Blvd. McCook Lake, SD Here is a great 3 bedroom, 3 bath Townhome in a desirable Dakota Dunes neighborhood!! Thi...	3 beds \| 3 baths \| 2,316 sq.ft.	$359,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2998 Airbnb ROI: N/A Traditional ROI: 6.38%
3643 Ivy Avenue Rapid City, SD Welcome home! This charming 4-bedroom, 2-bath residence on the south side of Rapid City of...	4 beds \| 2 baths \| 1,592 sq.ft.	$299,900	Airbnb cash on cash: 3.37% Traditional cash on cash: 4.86% Airbnb Rental Income: $2257 Traditional Rental Income: $2114 Airbnb ROI: 3.37% Traditional ROI: 4.86%
4620 E Hanna Cir Sioux Falls, SD Outstanding walkout bi-level offers great living space. Gracious foyer comfortably welcome...	3 beds \| 2 baths \| 1,834 sq.ft.	$339,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 5.19% Airbnb Rental Income: $1020 Traditional Rental Income: $2389 Airbnb ROI: -0.22% Traditional ROI: 5.19%
406 S Jackson Street Aberdeen, SD Welcome home to this beautiful ranch, perfectly nestled on a quiet, mature tree-lined stre...	4 beds \| 2 baths \| 1,920 sq.ft.	$254,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.51% Airbnb Rental Income: $1703 Traditional Rental Income: $1520 Airbnb ROI: 0.31% Traditional ROI: 1.51%
1221 Charles Street Spearfish, SD Property presented by Ashley S. Goodrich, SRS with RE/MAX In The Hills (605) 645-2479. Wha...	3 beds \| 3 baths \| 2,274 sq.ft.	$455,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 3.77% Airbnb Rental Income: $1472 Traditional Rental Income: $2679 Airbnb ROI: -0.08% Traditional ROI: 3.77%
1101 Homestead Dr Custer, SD COUNTRY LIVING WITH IN-TOWN CONVENIENCE - this rough timber wood-sided âLog Cabin in the...	2 beds \| 2 baths \| 1,747 sq.ft.	$439,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 3.34% Airbnb Rental Income: $1996 Traditional Rental Income: $2417 Airbnb ROI: 1.06% Traditional ROI: 3.34%
117 Elizabeth Drive Aberdeen, SD Welcome to 117 Elizabeth Drive! This home features four Bedrooms, all conveniently located...	4 beds \| 2 baths \| 2,184 sq.ft.	$269,900	Airbnb cash on cash: 2.39% Traditional cash on cash: 7.28% Airbnb Rental Income: $1703 Traditional Rental Income: $2474 Airbnb ROI: 2.39% Traditional ROI: 7.28%
1515 E Melgaard Road Aberdeen, SD *Seller is offering a $5,000 concession to reduce your up front costs OR to customize this...	2 beds \| 2 baths \| 1,223 sq.ft.	$187,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 5.7% Airbnb Rental Income: $875 Traditional Rental Income: $1513 Airbnb ROI: 0.23% Traditional ROI: 5.7%
700 S Glendale Ave Sioux Falls, SD Warm and cozy, quaint and inviting, those are just a few words to describe this adorable s...	3 beds \| 2 baths \| 1,500 sq.ft.	$265,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.13% Airbnb Rental Income: $863 Traditional Rental Income: $1662 Airbnb ROI: -0.39% Traditional ROI: 4.13%
108 N West Ave Sioux Falls, SD NEW ROOF AND FURNACE! This charming story-and-a-half home is ideally located just minutes ...	3 beds \| 3 baths \| 1,465 sq.ft.	$239,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 7.6% Airbnb Rental Income: $960 Traditional Rental Income: $2241 Airbnb ROI: 0.41% Traditional ROI: 7.6%
9017 S Ridge Trl Sturgis, SD Don't miss this beautiful multi-level home, nestled among the plentiful wildlife and ...	4 beds \| 2 baths \| 3,576 sq.ft.	$749,500	Airbnb cash on cash: 0.17% Traditional cash on cash: 1.57% Airbnb Rental Income: $1696 Traditional Rental Income: $2201 Airbnb ROI: 0.17% Traditional ROI: 1.57%
608 S Highland Ave Sioux Falls, SD Welcome to this nicely updated 3-bedroom, 1-bath home located on the east side of town! Th...	3 beds \| 1 baths \| 1,030 sq.ft.	$215,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 3% Airbnb Rental Income: $1020 Traditional Rental Income: $1429 Airbnb ROI: -0.77% Traditional ROI: 3%
4004 S Otonka Pass Sioux Falls, SD Tuthill Park plus this charming ranch style home makes a great combination. A rare blend o...	3 beds \| 3 baths \| 2,450 sq.ft.	$414,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 4.47% Airbnb Rental Income: $1059 Traditional Rental Income: $2712 Airbnb ROI: -0.72% Traditional ROI: 4.47%
2813 S Terry Ave Sioux Falls, SD Welcome to your dream retreat on the stunning shores of Lake Lorraine! This exceptional 2 ...	2 beds \| 4 baths \| 2,468 sq.ft.	$725,000	Airbnb cash on cash: -1.96% Traditional cash on cash: 2.39% Airbnb Rental Income: $860 Traditional Rental Income: $3463 Airbnb ROI: -1.96% Traditional ROI: 2.39%
5504 S Danberry Dr Sioux Falls, SD Welcome home to this well cared for 3 bedroom 2 bath split foyer tucked into a peaceful so...	3 beds \| 2 baths \| 1,684 sq.ft.	$299,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 5.27% Airbnb Rental Income: $1097 Traditional Rental Income: $2130 Airbnb ROI: 0.3% Traditional ROI: 5.27%
509 9th St Springfield, SD Tons of living space in this multi level home which features a large open kitchen/dining r...	3 beds \| 2 baths \| 1,824 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.74% Airbnb Rental Income: $null Traditional Rental Income: $2141 Airbnb ROI: N/A Traditional ROI: 9.74%
704 W 5th St Canton, SD Situated on a spacious corner lot with mature trees in Canton, this charming home is full ...	2 beds \| 1 baths \| 978 sq.ft.	$94,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.25% Airbnb Rental Income: $null Traditional Rental Income: $1406 Airbnb ROI: N/A Traditional ROI: 11.25%
102 Cole Yankton, SD One-owner home on a cul-de-sac featuring 4 bedrooms, 3 baths, and a 3-car garage. Open flo...	4 beds \| N/A baths \| 2,306 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.63% Airbnb Rental Income: $null Traditional Rental Income: $2112 Airbnb ROI: N/A Traditional ROI: 3.63%
2603 S Big Timber Pl Sioux Falls, SD Nestled into a mature neighborhood on a private drive, this spacious ranch townhome offers...	4 beds \| 3 baths \| 3,222 sq.ft.	$654,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 1.91% Airbnb Rental Income: $1140 Traditional Rental Income: $2632 Airbnb ROI: -1.16% Traditional ROI: 1.91%

Real Estate investment in South Dakota

There are 3,372 properties available for sale in the state of South Dakota. Parkston, Yankton and Piedmont are the best rental property markets in South Dakota. The average median price of properties for sale in these cities are $188,150 and the average price per square foot is $0. Their average monthly cash on cash return is 5.33%.

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

There are 3,372 investment properties available for sale in South-dakota.

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

In 2026, Parkston (8%) 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

11991 Oak Dr

Whitewood, SD

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

$1,299,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $706

Traditional Rental Income: $3228

Airbnb ROI: -0.87%

Traditional ROI: 1.48%

24799 457th Ave Ave

Colton, SD

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

$230,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.54%

Airbnb Rental Income: $null

Traditional Rental Income: $1609

Airbnb ROI: N/A

Traditional ROI: 5.54%

7812 Tuscan Club Cir

Sioux Falls, SD

5 beds | 4 baths | 4,068 sq.ft.

$1,049,900

Airbnb cash on cash: -1.57%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $1097

Traditional Rental Income: $3799

Airbnb ROI: -1.57%

Traditional ROI: 1.58%

324 SW 10th Avenue

Aberdeen, SD

4 beds | 1 baths | 2,371 sq.ft.

$174,900

Airbnb cash on cash: 4.76%

Traditional cash on cash: 7.73%

Airbnb Rental Income: $1703

Traditional Rental Income: $1724

Airbnb ROI: 4.76%

Traditional ROI: 7.73%

3017 S Keyrell Dr

Sioux Falls, SD

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

$385,000

Airbnb cash on cash: -1.58%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $654

Traditional Rental Income: $2968

Airbnb ROI: -1.58%

Traditional ROI: 5.66%

5809 W Oakcrest Dr

Sioux Falls, SD

3 beds | 2 baths | 1,514 sq.ft.

$295,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $870

Traditional Rental Income: $2129

Airbnb ROI: 0.27%

Traditional ROI: 6.01%

110 Hamilton Circle

Aberdeen, SD

4 beds | 3 baths | 3,204 sq.ft.

$389,900

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.52%

Airbnb Rental Income: $1703

Traditional Rental Income: $2234

Airbnb ROI: 0.77%

Traditional ROI: 3.52%

1209 E 33rd St

Sioux Falls, SD

3 beds | 2 baths | 1,972 sq.ft.

$299,900

Airbnb cash on cash: 0.03%

Traditional cash on cash: 5.94%

Airbnb Rental Income: $1059

Traditional Rental Income: $2364

Airbnb ROI: 0.03%