Is Boulder Canyon, SD a good place to invest in rental property?

Boulder Canyon, SD has a median modeled monthly cash flow of $-3,917 and a median cap rate of 0.7%, on a median sold price of $550,000. Prices changed +2.8% year over year.

What is the average cap rate in Boulder Canyon, SD?

The median cap rate across recently sold homes in Boulder Canyon, SD is 0.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Boulder Canyon, SD?

The median sold price in Boulder Canyon, SD is $550,000 (about $308 per square foot).

Investing in Boulder Canyon, SD Real Estate

A data-driven snapshot of the Boulder Canyon, 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.

$550,000Median sold price

$308Median $/sqft

0.7%Median cap rate

$-3,917Modeled cash flow / mo

+2.8%Appreciation YoY

4.5Months of supply

14Active listings

37Sold (last 12 mo)

What the Boulder Canyon numbers say

In Boulder Canyon, SD, the median home sold for $550,000 (about $308 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-3,917 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 4.5 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 Boulder Canyon cash-flowing listings

CashFlowRE ranks every for-sale home in Boulder Canyon, 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 Boulder Canyon deals, or browse the national market data.