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
8 Baltimore Street Lead, SD 8 Baltimore Ave, Lead, SD â This recently remodeled duplex offers an excellent investmen...	6 beds \| N/A baths \| N/A	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $2236 Airbnb ROI: N/A Traditional ROI: 4.53%
21159 Gilded Mountain Loop Lead, SD For more information, please contact listing agents Scot Munro 605-641-6482 with Great Pea...	4 beds \| 3 baths \| 2,804 sq.ft.	$998,500	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.06% Airbnb Rental Income: $1270 Traditional Rental Income: $3216 Airbnb ROI: -1.47% Traditional ROI: 1.06%
21185 Lost Camp Trail Lead, SD For more information, please contact listing agents Scot Munro 605-641-6482 with Great Pea...	5 beds \| 4 baths \| 2,752 sq.ft.	$889,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.83% Airbnb Rental Income: $2077 Traditional Rental Income: $3509 Airbnb ROI: -0.55% Traditional ROI: 1.83%
21129 Gold Pan Trail Lead, SD For more information, contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209...	4 beds \| 4 baths \| 2,753 sq.ft.	$1,149,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 0.84% Airbnb Rental Income: $1270 Traditional Rental Income: $3447 Airbnb ROI: -1.58% Traditional ROI: 0.84%
11269 Terry Gulch Road Lead, SD For more information, please contact listing agent Brandon Harvey (605) 920-9853 with Grea...	3 beds \| 2 baths \| 1,584 sq.ft.	$850,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.85% Airbnb Rental Income: $1368 Traditional Rental Income: $2414 Airbnb ROI: 0.01% Traditional ROI: 1.85%
11033 Antelope Trail Lead, SD Contact Tim Kudlock with Great Peaks Realty, Munro & Gran, LLC (605-210-0561). Welcome to...	4 beds \| 3 baths \| 2,749 sq.ft.	$889,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 1.31% Airbnb Rental Income: $1270 Traditional Rental Income: $3081 Airbnb ROI: -1.36% Traditional ROI: 1.31%
402 Sunset Road Lead, SD Listed with Spencer Rossi, Broker at Top Shelf Realty- 605-269-1600. Known as a high dema...	4 beds \| 2 baths \| 2,412 sq.ft.	$385,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.84% Airbnb Rental Income: $1270 Traditional Rental Income: $2538 Airbnb ROI: 0.22% Traditional ROI: 4.84%
21259 Highway 14A Lead, SD HIDDEN TREASURE! SERENITY MEETS STORYBOOK in this one-of-a-kind Spearfish Canyon Creekside...	3 beds \| 3 baths \| 2,924 sq.ft.	$984,900	Airbnb cash on cash: -1.37% Traditional cash on cash: 0.78% Airbnb Rental Income: $1368 Traditional Rental Income: $2916 Airbnb ROI: -1.37% Traditional ROI: 0.78%
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.	$1,398,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 2.28% Airbnb Rental Income: $1270 Traditional Rental Income: $4486 Airbnb ROI: -0.51% Traditional ROI: 2.28%
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	$1,398,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 2.65% Airbnb Rental Income: $1270 Traditional Rental Income: $4971 Airbnb ROI: -0.51% Traditional ROI: 2.65%
22231 Nahant Road Lead, SD Listed by Jeff Lawler & Lori Barnett at Engel & VÃ¶lkers Black Hills 605-786-5817. Welcome...	2 beds \| 3 baths \| 3,158 sq.ft.	$1,995,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.21% Airbnb Rental Income: $757 Traditional Rental Income: $2839 Airbnb ROI: -1.08% Traditional ROI: 0.21%
20746 Monte Carlo Road Lead, SD Contact listing agent Michael Warwick 605-641-2569 with Great Peaks Realty. Welcome to y...	5 beds \| 4 baths \| 3,278 sq.ft.	$1,399,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 1.89% Airbnb Rental Income: $2077 Traditional Rental Income: $3917 Airbnb ROI: 0.06% Traditional ROI: 1.89%
121 Columbus Street Lead, SD Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more informa...	3 beds \| 1 baths \| 1,220 sq.ft.	$199,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 7.19% Airbnb Rental Income: $1368 Traditional Rental Income: $1760 Airbnb ROI: 2.91% Traditional ROI: 7.19%
21156 Lost Camp Trail Lead, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	3 beds \| 2 baths \| 2,054 sq.ft.	$639,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.38% Airbnb Rental Income: $1368 Traditional Rental Income: $2618 Airbnb ROI: -0.41% Traditional ROI: 2.38%
21158 Gilded Mountain Road Lead, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	4 beds \| 3 baths \| 2,140 sq.ft.	$699,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 2.31% Airbnb Rental Income: $1270 Traditional Rental Income: $2907 Airbnb ROI: -0.82% Traditional ROI: 2.31%
11177 Alpine Circle Lead, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	4 beds \| 4 baths \| 4,579 sq.ft.	$1,149,999	Airbnb cash on cash: -1.03% Traditional cash on cash: 1.72% Airbnb Rental Income: $1270 Traditional Rental Income: $3814 Airbnb ROI: -1.03% Traditional ROI: 1.72%
21246 Cozy Court Lead, SD For more information, please contact listing agents Michael Warwick 605-641-2569 with Grea...	5 beds \| 4 baths \| 2,567 sq.ft.	$1,025,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.49% Airbnb Rental Income: $2077 Traditional Rental Income: $3296 Airbnb ROI: -0.35% Traditional ROI: 1.49%
21180 Lookout Trail Lead, SD Discover the perfect Black Hills vacation rental investment or private mountain retreat ne...	3 beds \| 2 baths \| 1,952 sq.ft.	$584,500	Airbnb cash on cash: -0.73% Traditional cash on cash: 1.59% Airbnb Rental Income: $1368 Traditional Rental Income: $2218 Airbnb ROI: -0.73% Traditional ROI: 1.59%
21291 Rubys Way Lead, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	5 beds \| 6 baths \| 3,769 sq.ft.	$1,299,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 0.61% Airbnb Rental Income: $2077 Traditional Rental Income: $3605 Airbnb ROI: -1.1% Traditional ROI: 0.61%
20829 Morning Star Road Lead, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	4 beds \| 3 baths \| 3,208 sq.ft.	$1,299,999	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.97% Airbnb Rental Income: $1270 Traditional Rental Income: $3092 Airbnb ROI: -0.87% Traditional ROI: 0.97%
20752 Morning Star Road Lead, SD Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more informa...	4 beds \| 5 baths \| 2,632 sq.ft.	$1,049,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 0.64% Airbnb Rental Income: $1270 Traditional Rental Income: $2961 Airbnb ROI: -1.51% Traditional ROI: 0.64%
11386 Highway 14A Lead, SD For more information, contact listing agent Michael Warwick 605-641-2569 with Great Peaks ...	4 beds \| 4 baths \| 3,570 sq.ft.	$729,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 3.13% Airbnb Rental Income: $1270 Traditional Rental Income: $3781 Airbnb ROI: -1.16% Traditional ROI: 3.13%
21184 Gilded Mountain Road Lead, SD For more information, please contact listing agents Scot Munro 605-641-6482 or Heath Gran ...	4 beds \| 3 baths \| 2,350 sq.ft.	$824,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 1.37% Airbnb Rental Income: $1270 Traditional Rental Income: $2910 Airbnb ROI: -1.29% Traditional ROI: 1.37%
21120 Gilded Mountain Road Lead, SD For more information, please contact listing agents Scot Munro 605-641-6482 or Heath Gran ...	4 beds \| 4 baths \| 2,383 sq.ft.	$899,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.26% Airbnb Rental Income: $1270 Traditional Rental Income: $3076 Airbnb ROI: -1.37% Traditional ROI: 1.26%
613 W Summit Street Lead, SD Listed by Jeremy Kahler, KWBH, 605-381-7500. *Seller will give a $2,000 allowance for pain...	3 beds \| 2 baths \| 1,736 sq.ft.	$183,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 10.94% Airbnb Rental Income: $1368 Traditional Rental Income: $2397 Airbnb ROI: 2.64% Traditional ROI: 10.94%
125 S Galena Street Lead, SD Listed by Jeremy Kahler, KWBH, 605-381-7500. Updated 4 bed, 2 bath home in Leadâperfect ...	4 beds \| 2 baths \| 2,052 sq.ft.	$325,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.58% Airbnb Rental Income: $1270 Traditional Rental Income: $2499 Airbnb ROI: 0.24% Traditional ROI: 5.58%
37 1st Street Lead, SD Listed by Jeremy Kahler, KWBH, 605-381-7500. Spacious multi-level home overlooking Lead, ...	4 beds \| 2 baths \| 2,800 sq.ft.	$395,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 5.79% Airbnb Rental Income: $1270 Traditional Rental Income: $2842 Airbnb ROI: 0.46% Traditional ROI: 5.79%
15 & 17 Blue Street Lead, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	3 beds \| 2 baths \| 2,129 sq.ft.	$399,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 5.09% Airbnb Rental Income: $1368 Traditional Rental Income: $2529 Airbnb ROI: 0.87% Traditional ROI: 5.09%
204 Park Avenue Lead, SD Listed by Jeremy Kahler, KWBH \| (605) 381-7500. Looking for a home that blends character w...	3 beds \| 3 baths \| 1,508 sq.ft.	$315,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 6.11% Airbnb Rental Income: $1368 Traditional Rental Income: $2506 Airbnb ROI: 0.86% Traditional ROI: 6.11%
11206 Spruce Drive Lead, SD Looking for that true Black Hills cabin experience? This is it! Tucked in the pines on a p...	3 beds \| 2 baths \| 1,247 sq.ft.	$599,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 1.53% Airbnb Rental Income: $1368 Traditional Rental Income: $1962 Airbnb ROI: -0.27% Traditional ROI: 1.53%
Lot 27 Eastwind Court Lead, SD Modern design meets mountain living in this striking new build located in the highly sough...	3 beds \| 2 baths \| 1,799 sq.ft.	$859,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 0.75% Airbnb Rental Income: $1368 Traditional Rental Income: $2535 Airbnb ROI: -1.23% Traditional ROI: 0.75%
Lot 2B Westwind Ct. Lead, SD New construction townhouse in Powder House Pass blending modern comfort with an unbeatable...	3 beds \| 4 baths \| 2,098 sq.ft.	$899,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 1.23% Airbnb Rental Income: $1368 Traditional Rental Income: $3050 Airbnb ROI: -1.28% Traditional ROI: 1.23%
Lot 2A Westwind Ct. Lead, SD New construction townhouse in Powder House Pass offering the perfect mix of comfort, style...	3 beds \| 4 baths \| 2,098 sq.ft.	$899,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 1.23% Airbnb Rental Income: $1368 Traditional Rental Income: $3050 Airbnb ROI: -1.28% Traditional ROI: 1.23%
21153 Gilded Mountain Loop Lead, SD Nestled in the wooded hills of Gilded Mountain, this stunning 4 bedroom, 3 bath cabin offe...	4 beds \| 3 baths \| 2,472 sq.ft.	$897,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.65% Airbnb Rental Income: $1270 Traditional Rental Income: $3074 Airbnb ROI: -0.99% Traditional ROI: 1.65%
21250 US HWY 14A Lead, SD Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more informa...	5 beds \| 4 baths \| 5,021 sq.ft.	$1,150,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.75% Airbnb Rental Income: $2077 Traditional Rental Income: $3808 Airbnb ROI: -0.37% Traditional ROI: 1.75%
21170 Gilded Mountain Road Lead, SD For more information, please contact listing agents Michael Warwick 605-641-2569 or Heath ...	4 beds \| 3 baths \| 2,262 sq.ft.	$849,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 1.24% Airbnb Rental Income: $1270 Traditional Rental Income: $2900 Airbnb ROI: -1.32% Traditional ROI: 1.24%
20785 Carbonate Ln Lead, SD Contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks...	3 beds \| 2 baths \| 1,988 sq.ft.	$849,000	Airbnb cash on cash: -1.22% Traditional cash on cash: -0.62% Airbnb Rental Income: $1368 Traditional Rental Income: $1421 Airbnb ROI: -1.22% Traditional ROI: -0.62%

Real Estate investment in Lead, SD

There are 37 properties for sale in the city of Lead . The median list price in Lead is $889,000 and the average price per square foot is $350. In May 2026, the average monthly cash on cash return in Lead is 3.00%. The average monthly rental income in Lead is $1,966.

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

There are 37 investment properties available for sale in Lead.

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

The ROI for Long-Term is higher than the Short-Term in Lead with average rental income of $1,966.

Your search for investment property begins and ends here

Investment Property for Sale in Lead, SD

8 Baltimore Street

Lead, SD

6 beds | N/A baths | N/A

$329,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.53%

Airbnb Rental Income: $null

Traditional Rental Income: $2236

Airbnb ROI: N/A

Traditional ROI: 4.53%

21159 Gilded Mountain Loop

Lead, SD

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

$998,500

Airbnb cash on cash: -1.47%

Traditional cash on cash: 1.06%

Airbnb Rental Income: $1270

Traditional Rental Income: $3216

Airbnb ROI: -1.47%

Traditional ROI: 1.06%

21185 Lost Camp Trail

Lead, SD

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

$889,000

Airbnb cash on cash: -0.55%

Traditional cash on cash: 1.83%

Airbnb Rental Income: $2077

Traditional Rental Income: $3509

Airbnb ROI: -0.55%

Traditional ROI: 1.83%

21129 Gold Pan Trail

Lead, SD

4 beds | 4 baths | 2,753 sq.ft.

$1,149,000

Airbnb cash on cash: -1.58%

Traditional cash on cash: 0.84%

Airbnb Rental Income: $1270

Traditional Rental Income: $3447

Airbnb ROI: -1.58%

Traditional ROI: 0.84%

11269 Terry Gulch Road

Lead, SD

3 beds | 2 baths | 1,584 sq.ft.

$850,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 1.85%

Airbnb Rental Income: $1368

Traditional Rental Income: $2414

Airbnb ROI: 0.01%

Traditional ROI: 1.85%

11033 Antelope Trail

Lead, SD

4 beds | 3 baths | 2,749 sq.ft.

$889,000

Airbnb cash on cash: -1.36%

Traditional cash on cash: 1.31%

Airbnb Rental Income: $1270

Traditional Rental Income: $3081

Airbnb ROI: -1.36%

Traditional ROI: 1.31%

402 Sunset Road

Lead, SD

4 beds | 2 baths | 2,412 sq.ft.

$385,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $1270

Traditional Rental Income: $2538

Airbnb ROI: 0.22%

Traditional ROI: 4.84%

21259 Highway 14A

Lead, SD

3 beds | 3 baths | 2,924 sq.ft.

$984,900

Airbnb cash on cash: -1.37%

Traditional cash on cash: 0.78%

Airbnb Rental Income: $1368

Traditional Rental Income: $2916

Airbnb ROI: -1.37%