Ranking of Top Return Potential in South Dakota for zip
The ranking across the USA can be found in USA Ranking
Discover the top rental investment opportunities across South Dakota. Each region offers unique potential for real estate investment based on factors such as price appreciation, rent growth and demography. The locations are ranked based on RIA Score.
zip: 57105, Sioux Falls, Minnehaha County, SD.
Rank #1. RIA Score: 5.76
This region has experienced high 4.90% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM of 18.65 is high, indicating the need for further investment in future years. But price and rent growth eventually expected to yield significant return.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 5.76% even with high mortgage interest.
Conclusion: Based on the analysis, in 57105, Sioux Falls, Minnehaha County, SD offers promising investment potential with an average 5.76% annual return on investment with 20% down payment.
zip: 57103, Sioux Falls, Minnehaha County, SD.
Rank #2. RIA Score: 4.73
This region has experienced high 4.52% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM of 19.42 is high, indicating the need for further investment in future years. But price and rent growth eventually expected to yield significant return.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 4.73% even with high mortgage interest.
Conclusion: Based on the analysis, in 57103, Sioux Falls, Minnehaha County, SD offers promising investment potential with an average 4.73% annual return on investment with 20% down payment.
zip: 57106, Sioux Falls, Minnehaha County, SD.
Rank #3. RIA Score: 3.99
This region has experienced high 4.22% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM of 20.73 is high, indicating the need for further investment in future years. But price and rent growth eventually expected to yield significant return.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 3.99% even with high mortgage interest.
Conclusion: Based on the analysis, in 57106, Sioux Falls, Minnehaha County, SD offers promising investment potential with an average 3.99% annual return on investment with 20% down payment.
zip: 57702, Rapid City, Pennington County, SD.
Rank #4. RIA Score: 3.03
This region has experienced high 4.53% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM of 24.17 is high, indicating the need for further investment in future years. But price and rent growth eventually expected to yield significant return.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 3.03% even with high mortgage interest.
Conclusion: Based on the analysis, in 57702, Rapid City, Pennington County, SD offers promising investment potential with an average 3.03% annual return on investment with 20% down payment.
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