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

Lennox, SD has a median modeled monthly cash flow of $-1,104 and a median cap rate of 1.8%, on a median sold price of $306,000. Prices changed +10.1% year over year.

What is the average cap rate in Lennox, SD?

The median cap rate across recently sold homes in Lennox, SD is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lennox, SD?

The median sold price in Lennox, SD is $306,000 (about $202 per square foot).

Investing in Lennox, SD Real Estate

A data-driven snapshot of the Lennox, 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.

$306,000Median sold price

$202Median $/sqft

1.9%Median cap rate

$-1,104Modeled cash flow / mo

+10.1%Appreciation YoY

17.7Months of supply

87Active listings

59Sold (last 12 mo)

What the Lennox numbers say

In Lennox, SD, the median home sold for $306,000 (about $202 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,104 of monthly cash flow. Sold prices moved +10.1% over the past year. Inventory sits at about 17.7 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 Lennox cash-flowing listings

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