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

Summerset, SD has a median modeled monthly cash flow of $-1,181 and a median cap rate of 3.1%, on a median sold price of $416,500. Prices changed +1.2% year over year.

What is the average cap rate in Summerset, SD?

The median cap rate across recently sold homes in Summerset, SD is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Summerset, SD?

The median sold price in Summerset, SD is $416,500 (about $205 per square foot).

Investing in Summerset, SD Real Estate

A data-driven snapshot of the Summerset, 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.

$416,500Median sold price

$205Median $/sqft

3.1%Median cap rate

$-1,181Modeled cash flow / mo

+1.2%Appreciation YoY

11.4Months of supply

57Active listings

60Sold (last 12 mo)

What the Summerset numbers say

In Summerset, SD, the median home sold for $416,500 (about $205 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,181 of monthly cash flow. Sold prices moved +1.2% over the past year. Inventory sits at about 11.4 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 Summerset cash-flowing listings

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