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

Deadwood, SD has a median modeled monthly cash flow of $-2,802 and a median cap rate of 0.7%, on a median sold price of $387,500. Prices changed +15.3% year over year.

What is the average cap rate in Deadwood, SD?

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

What is the median home price in Deadwood, SD?

The median sold price in Deadwood, SD is $387,500 (about $248 per square foot).

Investing in Deadwood, SD Real Estate

A data-driven snapshot of the Deadwood, 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.

$387,500Median sold price

$248Median $/sqft

0.7%Median cap rate

$-2,802Modeled cash flow / mo

+15.3%Appreciation YoY

8.1Months of supply

42Active listings

62Sold (last 12 mo)

What the Deadwood numbers say

In Deadwood, SD, the median home sold for $387,500 (about $248 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-2,802 of monthly cash flow. Sold prices moved +15.3% over the past year. Inventory sits at about 8.1 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 Deadwood cash-flowing listings

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