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 2024

In 2024, Yanktonis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
470 21st St SW Huron, SD Forget the chores! No more shoveling snow, blowing leaves, or mowing lawns! This bright an...	2 beds \| N/A baths \| 1,200 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $1571 Airbnb ROI: N/A Traditional ROI: 5.81%
1220 N Washington Street Aberdeen, SD Adorable Stylish Home with a Private Back Yard and Extra deep garage! This 3 bed 2 bath ho...	3 beds \| 2 baths \| 2,659 sq.ft.	$279,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 6.76% Airbnb Rental Income: $1956 Traditional Rental Income: $2480 Airbnb ROI: 2.81% Traditional ROI: 6.76%
7316 W 66th St Sioux Falls, SD Welcome to this spacious 4-bedroom, 2-bath home in southwest Sioux Falls. The generous foy...	4 beds \| 2 baths \| 1,938 sq.ft.	$320,000	Airbnb cash on cash: 7.4% Traditional cash on cash: 5.95% Airbnb Rental Income: $3765 Traditional Rental Income: $2512 Airbnb ROI: 7.4% Traditional ROI: 5.95%
3120 E 19th St Sioux Falls, SD Completely Renovated 4 bed 3 bath home in Hilltop with a Large 23x14 Master Suite, Large 1...	4 beds \| 3 baths \| 2,273 sq.ft.	$339,500	Airbnb cash on cash: 3.57% Traditional cash on cash: 7.55% Airbnb Rental Income: $2430 Traditional Rental Income: $3106 Airbnb ROI: 3.57% Traditional ROI: 7.55%
5505 S Yarrow Trl Sioux Falls, SD Walk into this Grand Two Story 3 bed, 3 Bath, plus additional Office/Den Town Home. This ...	3 beds \| 3 baths \| 1,890 sq.ft.	$325,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 5.12% Airbnb Rental Income: $2858 Traditional Rental Income: $2552 Airbnb ROI: 3.94% Traditional ROI: 5.12%
1317 W 13th St Sioux Falls, SD Welcome to this delightful 1.5-story home featuring three bedrooms and one full bath. The ...	3 beds \| 1 baths \| 1,424 sq.ft.	$215,000	Airbnb cash on cash: 6.09% Traditional cash on cash: 5.89% Airbnb Rental Income: $2350 Traditional Rental Income: $1727 Airbnb ROI: 6.09% Traditional ROI: 5.89%
6509 E 49th St Sioux Falls, SD This beautiful well-cared for home will check off all your boxes!! 5 bedrooms (3 on the ma...	5 beds \| 3 baths \| 2,705 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $3209 Airbnb ROI: N/A Traditional ROI: 5.76%
815 NE 15th Avenue Aberdeen, SD Two-bed, Two-bath Condo for Sale on the North side of Aberdeen. Quarterly fees to condo as...	2 beds \| 2 baths \| 1,298 sq.ft.	$147,500	Airbnb cash on cash: 5.7% Traditional cash on cash: 9.59% Airbnb Rental Income: $1660 Traditional Rental Income: $1743 Airbnb ROI: 5.7% Traditional ROI: 9.59%
4604 E 36th St Sioux Falls, SD Looking for a well taken care of home? Price of ownership in this spacious 3 bedroom 2 ba...	3 beds \| 2 baths \| 1,679 sq.ft.	$319,900	Airbnb cash on cash: 3.91% Traditional cash on cash: 5.89% Airbnb Rental Income: $2488 Traditional Rental Income: $2482 Airbnb ROI: 3.91% Traditional ROI: 5.89%
665 Yukon Way Whitewood, SD Beautiful home located in the Twin Parks Subdivision in Whitewood. Home offers 4 Bedrooms...	4 beds \| 3 baths \| 2,552 sq.ft.	$458,500	Airbnb cash on cash: 8.14% Traditional cash on cash: 4.55% Airbnb Rental Income: $5535 Traditional Rental Income: $2883 Airbnb ROI: 8.14% Traditional ROI: 4.55%
2413 S Kierra Ct Sioux Falls, SD Welcome to this beautifully maintained 4-bedroom, 3-bathroom ranch home, ideally situated ...	4 beds \| 3 baths \| 2,132 sq.ft.	$429,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.43% Airbnb Rental Income: $2430 Traditional Rental Income: $2804 Airbnb ROI: 2.03% Traditional ROI: 4.43%
4809 S Wilson Ave Sioux Falls, SD Beautiful ranch home with garden view windows, updated flooring and paint throughout. This...	3 beds \| 2 baths \| 1,619 sq.ft.	$339,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 4.4% Airbnb Rental Income: $2350 Traditional Rental Income: $2232 Airbnb ROI: 2.95% Traditional ROI: 4.4%
3005 E 19th St Sioux Falls, SD Charming 3-Bedroom Home in the Heart of Hilltop Heights This move in ready well maintained...	3 beds \| 2 baths \| 1,648 sq.ft.	$264,900	Airbnb cash on cash: 5.07% Traditional cash on cash: 6.95% Airbnb Rental Income: $2488 Traditional Rental Income: $2354 Airbnb ROI: 5.07% Traditional ROI: 6.95%
744 Prospect Avenue Lead, SD Welcome to this lovely 2-bedroom, 2-bathroom Condo in Lead, SD! Built in 1991, this fully ...	2 beds \| 2 baths \| 866 sq.ft.	$166,000	Airbnb cash on cash: 7.96% Traditional cash on cash: 6.58% Airbnb Rental Income: $2271 Traditional Rental Income: $1484 Airbnb ROI: 7.96% Traditional ROI: 6.58%
707 Taylor Drive Aberdeen, SD Two Stories on Two Lots & TOO WONDERFUL! Updates throughout in this 4 bedroom 3.5 bath hom...	4 beds \| 4 baths \| 3,790 sq.ft.	$395,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.65% Airbnb Rental Income: $2442 Traditional Rental Income: $3558 Airbnb ROI: 2.04% Traditional ROI: 6.65%
1133 Foothills Road Sturgis, SD Enjoy the Hills with this one-of-a-kind property! Custom home with nearly 4,000 sq. ft. o...	4 beds \| 4 baths \| 3,904 sq.ft.	$1,198,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 1.04% Airbnb Rental Income: $3681 Traditional Rental Income: $3819 Airbnb ROI: 0.2% Traditional ROI: 1.04%
629 Hickory Ln Harrisburg, SD Beautiful and meticulously maintained, this 3-bedroom, 2-bath home in the cozy community o...	3 beds \| 2 baths \| 1,658 sq.ft.	$300,000	Airbnb cash on cash: 6.18% Traditional cash on cash: 5.54% Airbnb Rental Income: $3197 Traditional Rental Income: $2294 Airbnb ROI: 6.18% Traditional ROI: 5.54%
316 S Arch Street Aberdeen, SD Beautiful historic 2-1/2 story home has been lovingly maintained and updated. 3 bedroom, ...	3 beds \| 2 baths \| 3,134 sq.ft.	$230,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 7.78% Airbnb Rental Income: $1956 Traditional Rental Income: $2287 Airbnb ROI: 3.89% Traditional ROI: 7.78%
133 N Trapp Ave Sioux Falls, SD Step into this amazing investment opportunity minutes from downtown Sioux Falls! This dup...	3 beds \| 2 baths \| 2,229 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $2379 Airbnb ROI: N/A Traditional ROI: 6.77%
6015 S Cain Ave Sioux Falls, SD Welcome to this beautifully remodeled split foyer home, perfectly hidden in a quiet neighb...	3 beds \| 2 baths \| 1,864 sq.ft.	$314,900	Airbnb cash on cash: 5.34% Traditional cash on cash: 5.52% Airbnb Rental Income: $3007 Traditional Rental Income: $2370 Airbnb ROI: 5.34% Traditional ROI: 5.52%
473 Pershing Street Box Elder, SD Discover this move-in ready split foyer home ideally situated near EAFB in the Douglas Sch...	4 beds \| 3 baths \| 2,130 sq.ft.	$388,200	Airbnb cash on cash: 8.91% Traditional cash on cash: 5.23% Airbnb Rental Income: $5030 Traditional Rental Income: $2661 Airbnb ROI: 8.91% Traditional ROI: 5.23%
806 SE 11th Avenue Aberdeen, SD The perfect, Two-Bedroom Home with ALL finishes on the main level. Enjoy cozy, yet comfort...	2 beds \| 1 baths \| 1,554 sq.ft.	$149,900	Airbnb cash on cash: 5.34% Traditional cash on cash: 7.54% Airbnb Rental Income: $1660 Traditional Rental Income: $1511 Airbnb ROI: 5.34% Traditional ROI: 7.54%
3508 E Prairie Wind St Sioux Falls, SD This stunning ranch home offers an abundance of luxury & comfort. An amazing kitchen w/cus...	4 beds \| 3 baths \| 2,866 sq.ft.	$599,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.15% Airbnb Rental Income: $2430 Traditional Rental Income: $3131 Airbnb ROI: 0.84% Traditional ROI: 3.15%
715 S Willow Ave Sioux Falls, SD This ranch style home offers over 1100 square feet on the main floor with 3 bedrooms, full...	3 beds \| 2 baths \| 1,751 sq.ft.	$231,900	Airbnb cash on cash: 5.23% Traditional cash on cash: 8.15% Airbnb Rental Income: $2350 Traditional Rental Income: $2409 Airbnb ROI: 5.23% Traditional ROI: 8.15%
1207 S 1st Street Aberdeen, SD Investors! Duplex! Great opportunity to live in one and rent the other or add to your port...	N/A beds \| N/A baths \| N/A	$124,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1001 Airbnb ROI: N/A Traditional ROI: 4.69%
2003 SE Goodrich Avenue Aberdeen, SD Welcome to this beautifully updated 4 bedroom, 2 bath home offering the perfect blend of m...	4 beds \| 2 baths \| 1,728 sq.ft.	$210,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 8.78% Airbnb Rental Income: $2442 Traditional Rental Income: $2230 Airbnb ROI: 6.86% Traditional ROI: 8.78%
4215 N Knob Hill Ct Sioux Falls, SD Welcome to your dream townhome! This stunning 4-bedroom, 4-bathroom residence offers the p...	4 beds \| 4 baths \| 2,195 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $3135 Airbnb ROI: N/A Traditional ROI: 7.36%
516 Anderson St Alcester, SD Get more house for your money in Alcester, SD! Fantastic 1996 ranch with 3 bedrooms, 2 ful...	3 beds \| 2 baths \| 2,233 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.7% Airbnb Rental Income: $null Traditional Rental Income: $2809 Airbnb ROI: N/A Traditional ROI: 7.7%
411 W Cedar St Beresford, SD Charming 1.5 story home offers a modern farmhouse feel, 3 bedrooms, 1 full bath, heated 2-...	3 beds \| 1 baths \| 1,559 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $2158 Airbnb ROI: N/A Traditional ROI: 7.04%
2034 Elmhurst Drive Rapid City, SD Listed by Jeremy Kahler, KWBH, 605-381-7500. If you're looking for great BANG for your buc...	2 beds \| 2 baths \| 1,027 sq.ft.	$255,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 4.16% Airbnb Rental Income: $2104 Traditional Rental Income: $1646 Airbnb ROI: 3.82% Traditional ROI: 4.16%
31369 407th Ave. Avon, SD Completely updated 5 bed, 3 bath 2 story farm house on 10.72 acres west of Springfield on ...	5 beds \| N/A baths \| 4,028 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $2402 Airbnb ROI: N/A Traditional ROI: 4.84%
3700 S Holbrook Ave Sioux Falls, SD This beautifully remodeled ranch home offers modern amenities and classic charm. Situated ...	3 beds \| 2 baths \| 960 sq.ft.	$319,900	Airbnb cash on cash: 3.6% Traditional cash on cash: 3.97% Airbnb Rental Income: $2350 Traditional Rental Income: $1879 Airbnb ROI: 3.6% Traditional ROI: 3.97%
4523 Vinecliff Drive Rapid City, SD For more information, please contact listing agent Zac Zandstra 605-484-3266 with Great Pe...	5 beds \| 3 baths \| 2,615 sq.ft.	$599,900	Airbnb cash on cash: 5.98% Traditional cash on cash: 4.29% Airbnb Rental Income: $5060 Traditional Rental Income: $3084 Airbnb ROI: 5.98% Traditional ROI: 4.29%
948 Sunset Vermillion, SD Not your average ranch style home, this home features a large master bedroom/bath and livi...	4 beds \| 3 baths \| 3,095 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.97% Airbnb Rental Income: $null Traditional Rental Income: $3448 Airbnb ROI: N/A Traditional ROI: 11.97%
1302 Hooker Street Whitewood, SD For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro ...	3 beds \| 2 baths \| 2,094 sq.ft.	$465,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $2549 Airbnb ROI: N/A Traditional ROI: 4.48%
1313 N Hazel Pl Sioux Falls, SD Don't miss out on this delightful 2 bed 1bath condominium nestled in Aspen Heights. Positi...	2 beds \| 1 baths \| 1,130 sq.ft.	$195,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.47% Airbnb Rental Income: $1514 Traditional Rental Income: $1633 Airbnb ROI: 1.44% Traditional ROI: 4.47%
4315 W Shipton St Sioux Falls, SD This spacious loft-style townhome has it all! Enjoy the open floor plan that gives you th...	3 beds \| 2 baths \| 1,666 sq.ft.	$278,900	Airbnb cash on cash: 5.55% Traditional cash on cash: 5.62% Airbnb Rental Income: $3007 Traditional Rental Income: $2335 Airbnb ROI: 5.55% Traditional ROI: 5.62%
11836 Diamond Road Custer, SD FUN FOR YOU, FAMILY & FRIENDS: THIS PROPERTY HAS IT ALL!! Amazing property with 5.31 acres...	5 beds \| 4 baths \| 4,036 sq.ft.	$965,000	Airbnb cash on cash: 8.12% Traditional cash on cash: 2.85% Airbnb Rental Income: $10621 Traditional Rental Income: $3921 Airbnb ROI: 8.12% Traditional ROI: 2.85%
12222 Sunset Lane Custer, SD Top shelf home, FULLY FURNISHED with possibilities! Completely remodeled inside and out ov...	3 beds \| 2 baths \| 2,112 sq.ft.	$524,900	Airbnb cash on cash: 8.2% Traditional cash on cash: 3.95% Airbnb Rental Income: $5824 Traditional Rental Income: $2581 Airbnb ROI: 8.2% Traditional ROI: 3.95%

Real Estate investment in South Dakota

There are 1,251 properties available for sale in the state of South Dakota. Yankton, Volin and Jefferson are the best rental property markets in South Dakota. The average median price of properties for sale in these cities are $464,450 and the average price per square foot is $0. Their average monthly cash on cash return is 4.33%.

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

There are 1,251 investment properties available for sale in South-dakota.

In 2024, Yankton is the best city to buy investment properties. Find more investment properties today!

In 2024, Yankton (5%) and Volin (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

470 21st St SW

Huron, SD

2 beds | N/A baths | 1,200 sq.ft.

$135,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.81%

Airbnb Rental Income: $null

Traditional Rental Income: $1571

Airbnb ROI: N/A

Traditional ROI: 5.81%

1220 N Washington Street

Aberdeen, SD

3 beds | 2 baths | 2,659 sq.ft.

$279,000

Airbnb cash on cash: 2.81%

Traditional cash on cash: 6.76%

Airbnb Rental Income: $1956

Traditional Rental Income: $2480

Airbnb ROI: 2.81%

Traditional ROI: 6.76%

7316 W 66th St

Sioux Falls, SD

4 beds | 2 baths | 1,938 sq.ft.

$320,000

Airbnb cash on cash: 7.4%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $3765

Traditional Rental Income: $2512

Airbnb ROI: 7.4%

Traditional ROI: 5.95%

3120 E 19th St

Sioux Falls, SD

4 beds | 3 baths | 2,273 sq.ft.

$339,500

Airbnb cash on cash: 3.57%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $2430

Traditional Rental Income: $3106

Airbnb ROI: 3.57%

Traditional ROI: 7.55%

5505 S Yarrow Trl

Sioux Falls, SD

3 beds | 3 baths | 1,890 sq.ft.

$325,000

Airbnb cash on cash: 3.94%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $2858

Traditional Rental Income: $2552

Airbnb ROI: 3.94%

Traditional ROI: 5.12%

1317 W 13th St

Sioux Falls, SD

3 beds | 1 baths | 1,424 sq.ft.

$215,000

Airbnb cash on cash: 6.09%

Traditional cash on cash: 5.89%

Airbnb Rental Income: $2350

Traditional Rental Income: $1727

Airbnb ROI: 6.09%

Traditional ROI: 5.89%

6509 E 49th St

Sioux Falls, SD

5 beds | 3 baths | 2,705 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3209

Airbnb ROI: N/A

Traditional ROI: 5.76%

815 NE 15th Avenue

Aberdeen, SD

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

$147,500

Airbnb cash on cash: 5.7%

Traditional cash on cash: 9.59%

Airbnb Rental Income: $1660

Traditional Rental Income: $1743

Airbnb ROI: 5.7%