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

Dakota Dunes, SD has a median modeled monthly cash flow of $-2,429 and a median cap rate of 0.9%, on a median sold price of $522,500. Prices changed -1.2% 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 0.9%, 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 $522,500 (about $160 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.

$522,500Median sold price

$160Median $/sqft

0.9%Median cap rate

$-2,429Modeled cash flow / mo

-1.2%Appreciation YoY

12.6Months of supply

65Active listings

62Sold (last 12 mo)

What the Dakota Dunes numbers say

In Dakota Dunes, SD, the median home sold for $522,500 (about $160 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-2,429 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 12.6 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 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.