Rapid City, SD Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Rapid City, SD. Based on 20+ datapoints.
Rapid City, SD Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
3%
Avg Cash on Cash
-16%
Median Cashflow
-$1,172/mo
Avg Rent Estimate
$2,043/mo
Avg Price
$431,746
Price Range
$269,200 - $638,500
Rent to Price
0.47%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Rapid City, SD
Rapid City, SD is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 20+ analyzed properties, the median monthly cashflow in Rapid City, SD is -$1,172 with average rents of $2,043/month. Properties range from $269,200 to $638,500, offering entry points across multiple investment budgets.
6150 Green Valley Dr, Rapid City, SD 57703
Price
$592,600
Rent
$2,505
CachFlow
-$1,640
CoC
-15.81
Rapid City, SD Rental Market Insights
- •Median cashflow is -$1,172/month — careful deal selection is essential here
- •3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Rapid City, SD requires selective property picks
- •Mid-to-upper tier market with properties from $269,200 to $638,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs