Loading...
Browse available listings with estimated rent, projected ROI, and cash flow analysis. Filter by price, type, and investment metrics.
Explore rental performance, cash flow, appreciation, and local economic trends to understand how these properties fit into the overall investment story.
Use Property Insight to calculate ROI, cash flow, and cap rate for any address in Rapid City, SD.
Data-driven answers to common investor questions about this market.
Get a quick view of rental returns, appreciation trends, and local growth data to evaluate real estate market strength and investment potential.
Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,352
$3,000
Appreciation
6.77%
—
Job Growth
0.02%
—
Population
76,836
—
The LTR Genie Score of Rapid City, SD is 76 and STR Genie Score is 91, indicating a high level of rentability for both long-term and short-term rental properties in the area. The high STR Genie Score can be attributed to the strong occupancy rate of 67.74% and impressive revenue of $3000. On the other hand, the LTR Genie Score is slightly lower due to the stagnant rent growth rate of 0.0%. However, the LTR Net ROI of 22.3% and STR Net ROI of 38.36% suggest that both long-term and short-term rental investments in Rapid City have the potential for high returns.
Rapid City, SD is a popular tourist destination known for its proximity to Mount Rushmore and the Black Hills. The city attracts visitors year-round, making it an attractive location for short-term rental investments. Additionally, Rapid City has a stable economy and a growing population, making it a promising market for long-term rental investments as well.
Overall, Rapid City, SD appears to be a promising market for both long-term and short-term rental investments. Real estate investors may consider diversifying their portfolio by investing in both rental strategies to capitalize on the high rentability and potential for strong returns in this market.