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

Canton, SD has a median modeled monthly cash flow of $-1,473 and a median cap rate of 2.0%, on a median sold price of $257,700. Prices changed -4.2% year over year.

What is the average cap rate in Canton, SD?

The median cap rate across recently sold homes in Canton, SD is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Canton, SD?

The median sold price in Canton, SD is $257,700 (about $159 per square foot).

Investing in Canton, SD Real Estate

A data-driven snapshot of the Canton, 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.

$257,700Median sold price

$159Median $/sqft

2.0%Median cap rate

$-1,473Modeled cash flow / mo

-4.2%Appreciation YoY

4.5Months of supply

23Active listings

62Sold (last 12 mo)

What the Canton numbers say

In Canton, SD, the median home sold for $257,700 (about $159 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,473 of monthly cash flow. Sold prices moved -4.2% 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 Canton cash-flowing listings

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