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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11991 Oak Drive 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.	$1,249,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 1.58% Airbnb Rental Income: $2138 Traditional Rental Income: $3228 Airbnb ROI: 0.17% Traditional ROI: 1.58%
3712 S Hawthorne Ave Sioux Falls, SD Centrally located, Ranch-style home featuring 3 bedrooms and 1 full bath on the main floor...	3 beds \| 2 baths \| 912 sq.ft.	$259,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.9% Airbnb Rental Income: $962 Traditional Rental Income: $1776 Airbnb ROI: 0.15% Traditional ROI: 4.9%
3017 S Keyrell Dr Sioux Falls, SD This beautifully maintained split-foyer home offers 5 bedrooms, 3 bathrooms, and a spaciou...	5 beds \| 3 baths \| 1,956 sq.ft.	$378,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 5.83% Airbnb Rental Income: $1090 Traditional Rental Income: $2968 Airbnb ROI: -0.51% Traditional ROI: 5.83%
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: 2.16% Traditional cash on cash: 3.52% Airbnb Rental Income: $2313 Traditional Rental Income: $2234 Airbnb ROI: 2.16% Traditional ROI: 3.52%
7101 W Jacob St Sioux Falls, SD Here is a three bed, two bath, two car garage home for sale. It is a well-maintained home ...	3 beds \| 2 baths \| 1,837 sq.ft.	$335,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.81% Airbnb Rental Income: $962 Traditional Rental Income: $2245 Airbnb ROI: -0.38% Traditional ROI: 4.81%
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.	$139,500	Airbnb cash on cash: 1.75% Traditional cash on cash: 10.11% Airbnb Rental Income: $975 Traditional Rental Income: $1743 Airbnb ROI: 1.75% Traditional ROI: 10.11%
2217 S Hawthorne Ave Sioux Falls, SD Charming home in a sought-after central Sioux Falls location! Sun-filled main level with a...	3 beds \| 1 baths \| 988 sq.ft.	$240,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.75% Airbnb Rental Income: $962 Traditional Rental Income: $1388 Airbnb ROI: 0.34% Traditional ROI: 3.75%
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: 0.04% Traditional cash on cash: 5.5% Airbnb Rental Income: $829 Traditional Rental Income: $1674 Airbnb ROI: 0.04% Traditional ROI: 5.5%
708 S 31st Street Spearfish, SD For more information, please contact listing agent Michael Warwick 605-641-2569 with Great...	3 beds \| 2 baths \| 1,920 sq.ft.	$397,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.9% Airbnb Rental Income: $1269 Traditional Rental Income: $1282 Airbnb ROI: -0.21% Traditional ROI: 0.9%
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: -1.93% Traditional cash on cash: 0.63% Airbnb Rental Income: $824 Traditional Rental Income: $2580 Airbnb ROI: -1.93% Traditional ROI: 0.63%
1402 NE 3rd St Madison, SD Stop the scroll! Looking for a home that would be near the park and the ball diamonds, and...	3 beds \| 2 baths \| 2,026 sq.ft.	$267,500	Airbnb cash on cash: -0.33% Traditional cash on cash: 7.64% Airbnb Rental Income: $867 Traditional Rental Income: $2546 Airbnb ROI: -0.33% Traditional ROI: 7.64%
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: 0.05% Traditional cash on cash: 3.19% Airbnb Rental Income: $975 Traditional Rental Income: $1393 Airbnb ROI: 0.05% Traditional ROI: 3.19%
2702 Railroad Circle Aberdeen, SD Pride of ownership is apparent in this turn-key condo! Pretty cherry cabinetry, updated ba...	2 beds \| 2 baths \| 2,792 sq.ft.	$339,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 4.99% Airbnb Rental Income: $975 Traditional Rental Income: $2356 Airbnb ROI: -0.44% Traditional ROI: 4.99%
931 S Kline Street Aberdeen, SD Move right into this stunning, fully remodeled 2+ story home! With 4 bedrooms and 2.5 bath...	3 beds \| 3 baths \| 2,845 sq.ft.	$339,900	Airbnb cash on cash: 1.22% Traditional cash on cash: 7.33% Airbnb Rental Income: $1371 Traditional Rental Income: $2905 Airbnb ROI: 1.22% Traditional ROI: 7.33%
2538 Meadows Drive 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.	$383,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.78% Airbnb Rental Income: $1550 Traditional Rental Income: $2637 Airbnb ROI: 0.51% Traditional ROI: 4.78%
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%
2312 SE 12th Avenue Aberdeen, SD Nestled in an established neighborhood, this inviting ranch style home has 5 bedrooms & 2 ...	5 beds \| 2 baths \| 2,184 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $2540 Airbnb ROI: N/A Traditional ROI: 6.61%
4912 S Klein Ave #28 Sioux Falls, SD Welcome to this beautifully updated upper-level condo offering peaceful views and no immed...	2 beds \| 1 baths \| 1,076 sq.ft.	$179,900	Airbnb cash on cash: -1.45% Traditional cash on cash: 2.68% Airbnb Rental Income: $740 Traditional Rental Income: $1134 Airbnb ROI: -1.45% Traditional ROI: 2.68%
4605 W Custer Ln Sioux Falls, SD Perfectly suited for comfortable 55+ living, this beautifully updated third-floor condo wi...	3 beds \| 2 baths \| 1,445 sq.ft.	$255,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 4.78% Airbnb Rental Income: $962 Traditional Rental Income: $1987 Airbnb ROI: -0.93% Traditional ROI: 4.78%
207 SE 7th Avenue Aberdeen, SD Move-In Ready Gem! Located in the heart of Aberdeen, This nearly perfect, zero-entry home ...	3 beds \| 2 baths \| 1,092 sq.ft.	$229,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 5.88% Airbnb Rental Income: $1371 Traditional Rental Income: $1817 Airbnb ROI: 1.89% Traditional ROI: 5.88%
4113 W 92nd St Sioux Falls, SD Beautifully maintained home located in the highly sought-after southwest Sioux Falls area!...	3 beds \| 2 baths \| 1,476 sq.ft.	$310,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 4.12% Airbnb Rental Income: $962 Traditional Rental Income: $1958 Airbnb ROI: -0.49% Traditional ROI: 4.12%
8611 W Grinn Pl Sioux Falls, SD Welcome to effortless, low-maintenance living on the west side. This upper-level condo wel...	2 beds \| 1 baths \| 1,384 sq.ft.	$184,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 5.1% Airbnb Rental Income: $740 Traditional Rental Income: $1551 Airbnb ROI: -1.28% Traditional ROI: 5.1%
1516 Gold Dust St Sioux Falls, SD Welcome to 1516 Gold Dust St.! Spacious & well-maintained home in a desirable north Sioux ...	4 beds \| 2 baths \| 1,907 sq.ft.	$350,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 3.14% Airbnb Rental Income: $665 Traditional Rental Income: $1821 Airbnb ROI: -1.29% Traditional ROI: 3.14%
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: 1.85% Traditional cash on cash: 4.86% Airbnb Rental Income: $1741 Traditional Rental Income: $2114 Airbnb ROI: 1.85% Traditional ROI: 4.86%
4620 E Hanna Cir Sioux Falls, SD This outstanding walkout bi-level home offers great living space and comfort. The gracious...	3 beds \| 2 baths \| 1,834 sq.ft.	$329,900	Airbnb cash on cash: -1.06% Traditional cash on cash: 5.38% Airbnb Rental Income: $697 Traditional Rental Income: $2389 Airbnb ROI: -1.06% Traditional ROI: 5.38%
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: 2.42% Traditional cash on cash: 5.23% Airbnb Rental Income: $2313 Traditional Rental Income: $2416 Airbnb ROI: 2.42% Traditional ROI: 5.23%
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: -0.48% Traditional cash on cash: 3.77% Airbnb Rental Income: $1269 Traditional Rental Income: $2679 Airbnb ROI: -0.48% Traditional ROI: 3.77%
1101 Homestead Drive 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: -0.55% Traditional cash on cash: 3.34% Airbnb Rental Income: $1204 Traditional Rental Income: $2417 Airbnb ROI: -0.55% 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.	$259,900	Airbnb cash on cash: 4.6% Traditional cash on cash: 7.59% Airbnb Rental Income: $2313 Traditional Rental Income: $2474 Airbnb ROI: 4.6% Traditional ROI: 7.59%
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: 0.7% Traditional cash on cash: 5.7% Airbnb Rental Income: $975 Traditional Rental Income: $1513 Airbnb ROI: 0.7% Traditional ROI: 5.7%
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: 0.23% Traditional cash on cash: 7.6% Airbnb Rental Income: $911 Traditional Rental Income: $2241 Airbnb ROI: 0.23% Traditional ROI: 7.6%
6309 W 66th St Sioux Falls, SD Welcome home to this beautifully designed 3-bedroom, 2-bath residence offering comfort, st...	3 beds \| 2 baths \| 1,570 sq.ft.	$309,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 4.66% Airbnb Rental Income: $962 Traditional Rental Income: $2117 Airbnb ROI: -0.52% Traditional ROI: 4.66%
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: -2.09% Traditional cash on cash: 3% Airbnb Rental Income: $697 Traditional Rental Income: $1429 Airbnb ROI: -2.09% Traditional ROI: 3%
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: -2.1% Traditional cash on cash: 2.39% Airbnb Rental Income: $740 Traditional Rental Income: $3463 Airbnb ROI: -2.1% Traditional ROI: 2.39%
1119 NE 28th Avenue Aberdeen, SD MULTI-REASONS TO LOVE THIS MULTI-LEVEL HOME! Everything has been done here! Updates galore...	3 beds \| 3 baths \| 1,779 sq.ft.	$334,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 5.18% Airbnb Rental Income: $1371 Traditional Rental Income: $2457 Airbnb ROI: 0.4% Traditional ROI: 5.18%
2917 E 18th St Sioux Falls, SD Welcome home to this charming east-side ranch that truly checks all the boxes! This adorab...	3 beds \| 1 baths \| 1,284 sq.ft.	$229,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 4.37% Airbnb Rental Income: $697 Traditional Rental Income: $1484 Airbnb ROI: -0.65% Traditional ROI: 4.37%
509 9th St. Springfield, SD Tons of living space in this multi level home which features a large open kitchen/dining r...	3 beds \| N/A 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%
226 SE 7th Avenue Aberdeen, SD Step into timeless charm in this beautifully maintained 11/2 story home located on a corne...	4 beds \| 2 baths \| 1,664 sq.ft.	$239,900	Airbnb cash on cash: 3.55% Traditional cash on cash: 4.97% Airbnb Rental Income: $2313 Traditional Rental Income: $2061 Airbnb ROI: 3.55% Traditional ROI: 4.97%
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.	$362,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $2112 Airbnb ROI: N/A Traditional ROI: 3.72%
2809 S Keyrell Dr Sioux Falls, SD Welcome to easy, elegant living in this beautifully designed slab-on-grade home offering 3...	3 beds \| 2 baths \| 1,616 sq.ft.	$439,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 1.66% Airbnb Rental Income: $824 Traditional Rental Income: $1662 Airbnb ROI: -1.16% Traditional ROI: 1.66%

Real Estate investment in South Dakota

There are 1,446 properties available for sale in the state of South Dakota. Pierre, Yankton and Lake City are the best rental property markets in South Dakota. The average median price of properties for sale in these cities are $254,083 and the average price per square foot is $0. Their average monthly cash on cash return is 3.67%.

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

There are 1,446 investment properties available for sale in South-dakota.

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

In 2026, Pierre (4%) 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 Drive

Whitewood, SD

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

$1,249,000

Airbnb cash on cash: 0.17%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $2138

Traditional Rental Income: $3228

Airbnb ROI: 0.17%

Traditional ROI: 1.58%

3712 S Hawthorne Ave

Sioux Falls, SD

3 beds | 2 baths | 912 sq.ft.

$259,900

Airbnb cash on cash: 0.15%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $962

Traditional Rental Income: $1776

Airbnb ROI: 0.15%

Traditional ROI: 4.9%

3017 S Keyrell Dr

Sioux Falls, SD

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

$378,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 5.83%

Airbnb Rental Income: $1090

Traditional Rental Income: $2968

Airbnb ROI: -0.51%

Traditional ROI: 5.83%

110 Hamilton Circle

Aberdeen, SD

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

$389,900

Airbnb cash on cash: 2.16%

Traditional cash on cash: 3.52%

Airbnb Rental Income: $2313

Traditional Rental Income: $2234

Airbnb ROI: 2.16%

Traditional ROI: 3.52%

7101 W Jacob St

Sioux Falls, SD

3 beds | 2 baths | 1,837 sq.ft.

$335,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $962

Traditional Rental Income: $2245

Airbnb ROI: -0.38%

Traditional ROI: 4.81%

815 NE 15th Avenue

Aberdeen, SD

2 beds | 2 baths | 1,298 sq.ft.

$139,500

Airbnb cash on cash: 1.75%

Traditional cash on cash: 10.11%

Airbnb Rental Income: $975

Traditional Rental Income: $1743

Airbnb ROI: 1.75%

Traditional ROI: 10.11%

2217 S Hawthorne Ave

Sioux Falls, SD

3 beds | 1 baths | 988 sq.ft.

$240,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $962

Traditional Rental Income: $1388

Airbnb ROI: 0.34%

Traditional ROI: 3.75%

601 S Prairie Ave

Sioux Falls, SD

3 beds | 1 baths | 1,317 sq.ft.

$226,900

Airbnb cash on cash: 0.04%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $829

Traditional Rental Income: $1674

Airbnb ROI: 0.04%