Is Belle Fourche, SD a good place to invest in rental property?

Belle Fourche, SD has a median modeled monthly cash flow of $-1,248 and a median cap rate of 1.8%, on a median sold price of $282,000. Prices changed +1.6% year over year.

What is the average cap rate in Belle Fourche, SD?

The median cap rate across recently sold homes in Belle Fourche, SD is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Belle Fourche, SD?

The median sold price in Belle Fourche, SD is $282,000 (about $162 per square foot).

Investing in Belle Fourche, SD Real Estate

A data-driven snapshot of the Belle Fourche, SD rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$282,000Median sold price

$162Median $/sqft

1.8%Median cap rate

$-1,248Modeled cash flow / mo

+1.6%Appreciation YoY

7.0Months of supply

72Active listings

123Sold (last 12 mo)

What the Belle Fourche numbers say

In Belle Fourche, SD, the median home sold for $282,000 (about $162 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,248 of monthly cash flow. Sold prices moved +1.6% over the past year. Inventory sits at about 7.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other South Dakota markets to compare

See Belle Fourche cash-flowing listings

CashFlowRE ranks every for-sale home in Belle Fourche, SD by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Belle Fourche deals, or browse the national market data.