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

Dakota Dunes, SD has a median modeled monthly cash flow of $-2,510 and a median cap rate of 1.1%, on a median sold price of $525,000. Prices changed +7.8% year over year.

What is the average cap rate in Dakota Dunes, SD?

The median cap rate across recently sold homes in Dakota Dunes, SD is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Dakota Dunes, SD?

The median sold price in Dakota Dunes, SD is $525,000 (about $166 per square foot).

Investing in Dakota Dunes, SD Real Estate

A data-driven snapshot of the Dakota Dunes, 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.

$525,000Median sold price

$166Median $/sqft

1.1%Median cap rate

$-2,510Modeled cash flow / mo

+7.8%Appreciation YoY

6.6Months of supply

40Active listings

73Sold (last 12 mo)

What the Dakota Dunes numbers say

In Dakota Dunes, SD, the median home sold for $525,000 (about $166 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-2,510 of monthly cash flow. Sold prices moved +7.8% over the past year. Inventory sits at about 6.6 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 Dakota Dunes cash-flowing listings

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