RentalCalcs
ToolsMarket MapMy DealsPricingBlog
Start Free
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Legal

  • Terms of Service
  • Privacy Policy
  • Contact

© 2025 RentalCalcs. All rights reserved.

Market MapSioux Falls, SD
Metropolitan Area

Sioux Falls, SD

South Dakota0
52
/100
Hold
#677 of 894 metros
Top 76% nationally for investing

Market Snapshot

$330,967
Median Home Price
36% above national median
$1,237/mo
Median Rent
11% below national median
4.49%
Rent-to-Price Ratio
Top 86% nationally
-$931
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$330,967
Down Payment (20%)$66,193
Loan Amount$264,774
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,237
Monthly P&I-$1,735
Est. Expenses (35%)-$433
Net Cash Flow-$931/mo
2.9%
Cap Rate (all cash)
-14.7%
Cash-on-Cash Return
4.49%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 2.9% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
52/100
52
Cash Flow(30%)
37/100

Based on 4.49% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
66/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
59/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (4.49%)
  • -Negative cash flow at typical financing (-$931/mo)
  • -Negative leverage (cap rate 2.9% < mortgage rate 6.9%)

Counties in Sioux Falls, SD

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Duluth, MN
Duluth, MN
72$248,119$1,5267.38%BuyView
Toledo, OH
Toledo, OH
72$194,475$1,1567.14%BuyView
Syracuse, NY
Syracuse, NY
72$248,808$1,5707.57%BuyView
Davenport, IA
Davenport, IA
72$184,666$1,0506.83%BuyView
Springfield, OH
Springfield, OH
72$193,537$1,0846.72%BuyView
Current
Sioux Falls, SD
52$330,967$1,2374.49%Hold

The Bottom Line

HoldSioux Falls, SD is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Sioux Falls, SD metro area scores 52/100, ranking #677 of 894 US metros (top 76%). The 4.49% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-931/mo
Cap Rate
2.9%
Cash-on-Cash
-16.9%

Ready to Invest in Sioux Falls, SD?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit properties
Explore Other Markets