Sioux Falls, SD — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
2.8%
Below average
Monthly Cash Flow
-$1,000
After all expenses
Price-to-Rent
18.4
Overpriced for rent
DSCR
0.43
Fails
📊 Key Metrics
- Median Home Price
- $330,945
- Average Rent (3BR)
- $1,425/mo
- Price-to-Rent Ratio
- 18.4(high)
- 1% Rule
- 0.46%(fails — need 1%+)
- Cash-on-Cash Return
- -15.8%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →🏘️ Best Zip Codes in Sioux Falls for Investors
All Zip Codes in Sioux Falls
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 57104 | 3.8% | -$477 | $222,903 | $1,250/mo | 0.60 |
| 57319 | 3.7% | -$517 | $228,808 | $1,250/mo | 0.58 |
| 57105 | 3.0% | -$809 | $290,414 | $1,400/mo | 0.48 |
| 57103 | 2.8% | -$863 | $289,958 | $1,330/mo | 0.44 |
| 57107 | 2.8% | -$975 | $327,255 | $1,500/mo | 0.44 |
| 57106 | 2.7% | -$1,025 | $334,635 | $1,500/mo | 0.42 |
| 57108 | 2.3% | -$1,492 | $436,838 | $1,770/mo | 0.36 |
| 57110 | 1.8% | -$1,636 | $427,706 | $1,520/mo | 0.28 |
| 57030 | 1.4% | -$1,622 | $390,374 | $1,230/mo | 0.22 |
| 57055 | 1.2% | -$2,099 | $487,865 | $1,450/mo | 0.19 |