Is Box Elder, SD a good place to invest in rental property?

Box Elder, SD has a median modeled monthly cash flow of $-1,053 and a median cap rate of 2.8%, on a median sold price of $357,400. Prices changed -2.9% year over year.

What is the average cap rate in Box Elder, SD?

The median cap rate across recently sold homes in Box Elder, SD is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Box Elder, SD?

The median sold price in Box Elder, SD is $357,400 (about $201 per square foot).

Investing in Box Elder, SD Real Estate

A data-driven snapshot of the Box Elder, 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.

$357,400Median sold price

$201Median $/sqft

2.8%Median cap rate

$-1,053Modeled cash flow / mo

-2.9%Appreciation YoY

8.6Months of supply

161Active listings

224Sold (last 12 mo)

What the Box Elder numbers say

In Box Elder, SD, the median home sold for $357,400 (about $201 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,053 of monthly cash flow. Sold prices moved -2.9% over the past year. Inventory sits at about 8.6 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 Box Elder cash-flowing listings

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