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

Belle Fourche, SD has a median modeled monthly cash flow of $-1,335 and a median cap rate of 1.7%, on a median sold price of $273,000. Prices changed +3.1% 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 1.7%, 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 $273,000 (about $164 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.

$273,000Median sold price

$164Median $/sqft

1.7%Median cap rate

$-1,335Modeled cash flow / mo

+3.1%Appreciation YoY

9.1Months of supply

93Active listings

123Sold (last 12 mo)

What the Belle Fourche numbers say

In Belle Fourche, SD, the median home sold for $273,000 (about $164 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,335 of monthly cash flow. Sold prices moved +3.1% over the past year. Inventory sits at about 9.1 months of supply — a looser, buyer-friendly market. 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.