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

Sturgis, SD has a median modeled monthly cash flow of $-1,480 and a median cap rate of 1.5%, on a median sold price of $325,000. Prices changed +13.9% year over year.

What is the average cap rate in Sturgis, SD?

The median cap rate across recently sold homes in Sturgis, SD is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sturgis, SD?

The median sold price in Sturgis, SD is $325,000 (about $205 per square foot).

Investing in Sturgis, SD Real Estate

A data-driven snapshot of the Sturgis, 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.

$325,000Median sold price

$205Median $/sqft

1.5%Median cap rate

$-1,480Modeled cash flow / mo

+13.9%Appreciation YoY

6.0Months of supply

69Active listings

137Sold (last 12 mo)

What the Sturgis numbers say

In Sturgis, SD, the median home sold for $325,000 (about $205 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,480 of monthly cash flow. Sold prices moved +13.9% over the past year. Inventory sits at about 6.0 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 Sturgis cash-flowing listings

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