Real Estate Investment Properties for Sale in Lead, SD

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
214 MILLIKEN STREET Lead, SD Contact listing agent Brandon Harvey with Great Peaks Realty for more information. Excelle...	2 beds \| 1 baths \| 676 sq.ft.	$149,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 6.39% Airbnb Rental Income: $1110 Traditional Rental Income: $1331 Airbnb ROI: 2.22% Traditional ROI: 6.39%
8 Baltimore Street Lead, SD 8 Baltimore Ave, Lead, SD - This recently remodeled duplex offers an excellent investment ...	6 beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 5.3% Airbnb Rental Income: $1110 Traditional Rental Income: $2236 Airbnb ROI: -0.02% Traditional ROI: 5.3%
603 W ADDIE ST Lead, SD Affordable Black Hills Living in the Heart of Lead! This charming 2-bedroom, 1-bath home o...	2 beds \| 1 baths \| 1,002 sq.ft.	$170,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 6.13% Airbnb Rental Income: $1110 Traditional Rental Income: $1458 Airbnb ROI: 1.68% Traditional ROI: 6.13%
11011 BUFFALO TRAIL Lead, SD For more information, please contact listing agent Brandon Harvey with Great Peaks Realty....	3 beds \| 2 baths \| 1,959 sq.ft.	$609,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 1.22% Airbnb Rental Income: $1724 Traditional Rental Income: $2092 Airbnb ROI: -0.27% Traditional ROI: 1.22%
21292 EMBERS WAY Lead, SD Welcome to your Black Hills retreat in the highly desirable Powder House Pass community. B...	4 beds \| 3 baths \| 2,053 sq.ft.	$850,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.52% Airbnb Rental Income: $2322 Traditional Rental Income: $2328 Airbnb ROI: -0.21% Traditional ROI: 0.52%
21159 GILDED MOUNTAIN LP Lead, SD For more information, please contact listing agents Scot Munro with Great Peaks Realty or ...	4 beds \| 3 baths \| 2,804 sq.ft.	$898,500	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.43% Airbnb Rental Income: $2322 Traditional Rental Income: $3216 Airbnb ROI: -0.33% Traditional ROI: 1.43%
21185 LOST CAMP TRAIL Lead, SD For more information, please contact listing agents Scot Munro with Great Peaks Realty or ...	5 beds \| 4 baths \| 2,752 sq.ft.	$789,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 2.35% Airbnb Rental Income: $3394 Traditional Rental Income: $3509 Airbnb ROI: 1.16% Traditional ROI: 2.35%
21163 GILDED MOUNTAIN LP Lead, SD For more information, please contact listing agents Scot Munro or Heath Gran with Great Pe...	4 beds \| 2 baths \| 2,120 sq.ft.	$739,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 1.38% Airbnb Rental Income: $2322 Traditional Rental Income: $2632 Airbnb ROI: 0.1% Traditional ROI: 1.38%
11235 LYNX ST Lead, SD BLACK HILLS TREASURE! This custom-built, fully-furnished, turnkey lovely home could be a p...	4 beds \| 4 baths \| 3,366 sq.ft.	$759,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 3% Airbnb Rental Income: $2322 Traditional Rental Income: $3843 Airbnb ROI: 0.03% Traditional ROI: 3%
21328 EMBERS WAY Lead, SD For more information on this new build at Powderhouse Pass, contact listing agents Michael...	4 beds \| 4 baths \| 4,236 sq.ft.	$1,495,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 0.34% Airbnb Rental Income: $2322 Traditional Rental Income: $3766 Airbnb ROI: -1.11% Traditional ROI: 0.34%
21252 CRESTVIEW DR Lead, SD Listed by Jenni Sneesby - Engel & VÃ¶lkers Black Hills - 605-645-1181. Offered fully furni...	4 beds \| 5 baths \| 2,921 sq.ft.	$1,298,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.53% Airbnb Rental Income: $2322 Traditional Rental Income: $4486 Airbnb ROI: 0.26% Traditional ROI: 2.53%
21252 Crest View Ct. Lead, SD For more information contact Listing Agent Jenni Sneesby with Engel & VÃ¶lkers Black Hills...	4 beds \| 5 baths \| N/A	$1,298,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.93% Airbnb Rental Income: $2322 Traditional Rental Income: $4971 Airbnb ROI: 0.26% Traditional ROI: 2.93%
22231 NAHANT RD Lead, SD Listed by Jeff Lawler & Lori Barnett at Engel & Volkers Black Hills. Rustic Luxury Meets U...	2 beds \| 3 baths \| 2,726 sq.ft.	$1,750,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.38% Airbnb Rental Income: $1110 Traditional Rental Income: $2839 Airbnb ROI: -0.91% Traditional ROI: 0.38%
20746 MONTE CARLO RD Lead, SD Contact listing agent Michael Warwick with Great Peaks Realty. Welcome to your private ret...	5 beds \| 4 baths \| 3,278 sq.ft.	$1,349,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 1.94% Airbnb Rental Income: $3394 Traditional Rental Income: $3917 Airbnb ROI: 0.92% Traditional ROI: 1.94%
121 COLUMBUS Lead, SD Contact listing agent Brandon Harvey with Great Peaks Realty for more information. Schedul...	3 beds \| 1 baths \| 1,220 sq.ft.	$179,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 7.5% Airbnb Rental Income: $1724 Traditional Rental Income: $1760 Airbnb ROI: 4.49% Traditional ROI: 7.5%
11177 ALPINE CIR Lead, SD For more information, please contact listing agents Heath Gran or Scot Munro with Great Pe...	4 beds \| 4 baths \| 3,754 sq.ft.	$1,049,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 1.98% Airbnb Rental Income: $2322 Traditional Rental Income: $3814 Airbnb ROI: -0.14% Traditional ROI: 1.98%
21246 COZY CT Lead, SD For more information, please contact listing agents Michael Warwick with Great Peaks Realt...	5 beds \| 4 baths \| 2,567 sq.ft.	$1,025,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 1.49% Airbnb Rental Income: $3394 Traditional Rental Income: $3296 Airbnb ROI: 0.8% Traditional ROI: 1.49%
448 GOLDEN GATE ST Lead, SD Black Hills living at its best! Ski Terry Peak by day, enjoy Deadwood by night, then come ...	3 beds \| 3 baths \| 2,004 sq.ft.	$499,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.91% Airbnb Rental Income: $1724 Traditional Rental Income: $2524 Airbnb ROI: 0.17% Traditional ROI: 2.91%
8 Parkdale Avenue Lead, SD Great Newly Remodeled Lead Home! Quiet Street - Large yard - Garage. Move-in ready! Close ...	2 beds \| 2 baths \| N/A	$299,680	Airbnb cash on cash: -0.02% Traditional cash on cash: 4.23% Airbnb Rental Income: $1110 Traditional Rental Income: $1934 Airbnb ROI: -0.02% Traditional ROI: 4.23%
21291 RUBYS WAY Lead, SD For more information, please contact listing agents Heath Gran or Scot Munro with Great Pe...	5 beds \| 6 baths \| 3,769 sq.ft.	$1,299,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 0.61% Airbnb Rental Income: $3394 Traditional Rental Income: $3605 Airbnb ROI: -0.19% Traditional ROI: 0.61%
20829 MORNING STAR RD Lead, SD For more information, please contact listing agents Heath Gran or Scot Munro with Great Pe...	4 beds \| 3 baths \| 3,208 sq.ft.	$1,299,999	Airbnb cash on cash: -0.15% Traditional cash on cash: 0.97% Airbnb Rental Income: $2322 Traditional Rental Income: $3092 Airbnb ROI: -0.15% Traditional ROI: 0.97%
20752 MORNING STAR RD Lead, SD Contact listing agent Brandon Harvey with Great Peaks Realty for more information or to sc...	4 beds \| 5 baths \| 2,632 sq.ft.	$949,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.94% Airbnb Rental Income: $2322 Traditional Rental Income: $2961 Airbnb ROI: -0.43% Traditional ROI: 0.94%
11386 HWY 14A Lead, SD For more information, contact listing agent Michael Warwick with Great Peaks Realty. Locat...	4 beds \| 4 baths \| 3,570 sq.ft.	$729,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.13% Airbnb Rental Income: $2322 Traditional Rental Income: $3781 Airbnb ROI: 0.13% Traditional ROI: 3.13%
21307 Cold Canyon Lead, SD Hard to put into words. The Sounds - The Views- The Beauty of your Surroundings! Just simp...	3 beds \| 2 baths \| N/A	$638,750	Airbnb cash on cash: -0.36% Traditional cash on cash: 1.21% Airbnb Rental Income: $1724 Traditional Rental Income: $2183 Airbnb ROI: -0.36% Traditional ROI: 1.21%
21120 GILDED MOUNTAIN RD #Terry Gulch Road Lead, SD For more information, please contact listing agents Scot Munro or Heath Gran with Great Pe...	4 beds \| 4 baths \| 2,383 sq.ft.	$899,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 0.65% Airbnb Rental Income: $2322 Traditional Rental Income: $3076 Airbnb ROI: -0.93% Traditional ROI: 0.65%
613 W SUMMIT Lead, SD Listed by Jeremy Kahler, KWBH,. Tucked atop a hillside in historic Lead, SD this ranch sty...	3 beds \| 2 baths \| 1,736 sq.ft.	$177,900	Airbnb cash on cash: 4.53% Traditional cash on cash: 11.32% Airbnb Rental Income: $1724 Traditional Rental Income: $2397 Airbnb ROI: 4.53% Traditional ROI: 11.32%
744 PROSPECT AVE #207 Lead, SD Contact listing agent Brandon Harvey with Great Peaks Realty for additional details or to ...	3 beds \| 2 baths \| 970 sq.ft.	$189,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 2.8% Airbnb Rental Income: $1724 Traditional Rental Income: $1008 Airbnb ROI: 4.14% Traditional ROI: 2.8%
34 PARK AVE Lead, SD Contact listing agent Angi Varland with Great Peaks Realty. INCOME PRODUCING PROPERTY IN L...	4 beds \| 2 baths \| 2,168 sq.ft.	$399,500	Airbnb cash on cash: 2.12% Traditional cash on cash: 0.06% Airbnb Rental Income: $2322 Traditional Rental Income: $977 Airbnb ROI: 2.12% Traditional ROI: 0.06%
11034 Buffalo Trail Lead, SD Listed by Jason Richards- JR Realty Team, The Real Estate Center of Spearfish,. Black Hill...	3 beds \| 3 baths \| N/A	$565,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.43% Airbnb Rental Income: $1724 Traditional Rental Income: $2590 Airbnb ROI: -0.11% Traditional ROI: 2.43%
11267 WESTWIND CT Lead, SD New construction twin home in Powder House Pass blending modern comfort with an unbeatable...	3 beds \| 4 baths \| 2,098 sq.ft.	$824,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.44% Airbnb Rental Income: $1724 Traditional Rental Income: $2965 Airbnb ROI: -0.8% Traditional ROI: 1.44%
21097 STEWART SLOPE RD #412 Lead, SD Listed with Denny McKay, Real Properties of Lead-Deadwood. Totally Remodeled Condo at Terr...	2 beds \| 2 baths \| 1,050 sq.ft.	$289,000	Airbnb cash on cash: -3.94% Traditional cash on cash: -2.74% Airbnb Rental Income: $1110 Traditional Rental Income: $1063 Airbnb ROI: -3.94% Traditional ROI: -2.74%
1017 GUSHURST Lead, SD Huge home in Lead, packed with features and a layout that lends itself to many uses. Curre...	5 beds \| 3 baths \| 3,074 sq.ft.	$399,000	Airbnb cash on cash: 5.3% Traditional cash on cash: 7.23% Airbnb Rental Income: $3394 Traditional Rental Income: $3361 Airbnb ROI: 5.3% Traditional ROI: 7.23%

Real Estate investment in Lead, SD

There are 61 properties for sale in the city of Lead . The median list price in Lead is $256,628 and the average price per square foot is $99. In November 2026, the average monthly cash on cash return in Lead is 1.00%. The average monthly rental income in Lead is $1,034.

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

There are 61 investment properties available for sale in Lead.

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

The ROI for Short-Term is higher than the Long-Term in Lead with average rental income of $1,091.

Your search for investment property begins and ends here

Investment Property for Sale in Lead, SD

214 MILLIKEN STREET

Lead, SD

2 beds | 1 baths | 676 sq.ft.

$149,000

Airbnb cash on cash: 2.22%

Traditional cash on cash: 6.39%

Airbnb Rental Income: $1110

Traditional Rental Income: $1331

Airbnb ROI: 2.22%

Traditional ROI: 6.39%

8 Baltimore Street

Lead, SD

6 beds | N/A baths | N/A

$299,900

Airbnb cash on cash: -0.02%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $1110

Traditional Rental Income: $2236

Airbnb ROI: -0.02%

Traditional ROI: 5.3%

603 W ADDIE ST

Lead, SD

2 beds | 1 baths | 1,002 sq.ft.

$170,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 6.13%

Airbnb Rental Income: $1110

Traditional Rental Income: $1458

Airbnb ROI: 1.68%

Traditional ROI: 6.13%

11011 BUFFALO TRAIL

Lead, SD

3 beds | 2 baths | 1,959 sq.ft.

$609,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $1724

Traditional Rental Income: $2092

Airbnb ROI: -0.27%

Traditional ROI: 1.22%

21292 EMBERS WAY

Lead, SD

4 beds | 3 baths | 2,053 sq.ft.

$850,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 0.52%

Airbnb Rental Income: $2322

Traditional Rental Income: $2328

Airbnb ROI: -0.21%

Traditional ROI: 0.52%

21159 GILDED MOUNTAIN LP

Lead, SD

4 beds | 3 baths | 2,804 sq.ft.

$898,500

Airbnb cash on cash: -0.33%

Traditional cash on cash: 1.43%

Airbnb Rental Income: $2322

Traditional Rental Income: $3216

Airbnb ROI: -0.33%

Traditional ROI: 1.43%

21185 LOST CAMP TRAIL

Lead, SD

5 beds | 4 baths | 2,752 sq.ft.

$789,000

Airbnb cash on cash: 1.16%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $3394

Traditional Rental Income: $3509

Airbnb ROI: 1.16%

Traditional ROI: 2.35%

21163 GILDED MOUNTAIN LP

Lead, SD

4 beds | 2 baths | 2,120 sq.ft.

$739,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $2322

Traditional Rental Income: $2632

Airbnb ROI: 0.1%