RAPID CITY Investment Analysis
Investment Property in RAPID CITY, SD
RAPID CITY, SD Real Estate Investment Performance
$ 354,000
Median
2,035
Avg/Sq.ft.
4.00%
Traditional
2.00%
Airbnb
72
Investment
523
Airbnb
15
Traditional
34%
Airbnb occupancy rate
RAPID CITY, SD Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in RAPID CITY, SD
$148,000
MLS 86668
Condo/Coop
CAP RATE
Trad.
8.76%
Airbnb
7.06%
$169,000
MLS 85537
Single Family Residential
CAP RATE
Trad.
5.72%
Airbnb
6.52%
$195,000
MLS 85816
Single Family Residential
CAP RATE
Trad.
4.11%
Airbnb
5.36%
$289,900
MLS 86768
Multi Family
CAP RATE
Trad.
4.16%
Airbnb
5.19%
$179,000
MLS 86394
null
CAP RATE
Trad.
8.26%
Airbnb
5.23%
$245,000
MLS 86838
Single Family Residential
CAP RATE
Trad.
8.05%
Airbnb
5.05%
$325,000
MLS 84455
Single Family Residential
CAP RATE
Trad.
6.13%
Airbnb
4.70%
$215,000
MLS 86368
Single Family Residential
CAP RATE
Trad.
4.54%
Airbnb
4.59%
Single Family Houses for Sale in RAPID CITY, SD
$169,000
MLS 85537
Single Family Residential
CAP RATE
Trad.
5.72%
Airbnb
6.52%
$195,000
MLS 85816
Single Family Residential
CAP RATE
Trad.
4.11%
Airbnb
5.36%
$245,000
MLS 86838
Single Family Residential
CAP RATE
Trad.
8.05%
Airbnb
5.05%
$325,000
MLS 84455
Single Family Residential
CAP RATE
Trad.
6.13%
Airbnb
4.70%
$215,000
MLS 86368
Single Family Residential
CAP RATE
Trad.
4.54%
Airbnb
4.59%
$219,000
MLS 174483
Single Family Residential
CAP RATE
Trad.
7.19%
Airbnb
4.41%
$309,900
MLS 86676
Single Family Residential
CAP RATE
Trad.
4.28%
Airbnb
3.89%
$225,000
MLS 86677
Single Family Residential
CAP RATE
Trad.
4.86%
Airbnb
3.85%
Condos for Sale in RAPID CITY, SD
$148,000
MLS 86668
Condo/Coop
CAP RATE
Trad.
8.76%
Airbnb
7.06%
$214,000
MLS 83526
Condo/Coop
CAP RATE
Trad.
5.24%
Airbnb
4.36%
$319,900
MLS 85768
Condo/Coop
CAP RATE
Trad.
4.12%
Airbnb
2.30%
$320,000
MLS 86771
Condo/Coop
CAP RATE
Trad.
3.27%
Airbnb
2.23%
Townhouses for Sale in RAPID CITY, SD
$300,000
MLS 86599
Townhouse
CAP RATE
Trad.
6.81%
Airbnb
3.81%
$265,000
MLS 85684
Townhouse
CAP RATE
Trad.
5.61%
Airbnb
2.63%
$535,000
MLS 85549
Townhouse
CAP RATE
Trad.
3.51%
Airbnb
2.31%
$315,000
MLS 86542
Townhouse
CAP RATE
Trad.
4.90%
Airbnb
2.09%
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Short Term Rentals For SaleAirbnb Vacation Rentals in RAPID CITY, SD
$109 per night
Airbnb occupancy rate 56%
Entire guesthouse 2 · 1 · 6
Rental Income: $1,871 per month
690
$125 per night
Airbnb occupancy rate 21%
Entire cabin 2 · 1 · 6
Rental Income: $813 per month
583
$93 per night
Airbnb occupancy rate 54%
Apartment 2 · 2 · 6
Rental Income: $1,519 per month
583
$130 per night
Airbnb occupancy rate 48%
House 2 · 1 · 4
Rental Income: $1,896 per month
558
$87 per night
Airbnb occupancy rate 50%
Guest suite 1 · 1 · 2
Rental Income: $1,312 per month
486
$87 per night
Airbnb occupancy rate 46%
Apartment 1 · 1 · 3
Rental Income: $1,218 per month
485
$75 per night
Airbnb occupancy rate 34%
Apartment 1 · 1 · 3
Rental Income: $781 per month
403
$75 per night
Airbnb occupancy rate 47%
Apartment 1 · 1 · 3
Rental Income: $1,069 per month
368
Real Estate Investment Analysis - Other Cities in south dakota
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Aberdeen | $299,900 | 6% | 2% | $2,396 | $1,703 | 124 | 39% |
| Rapid City | $354,000 | 4% | 2% | $2,069 | $1,889 | 72 | 34% |
| Spearfish | $535,000 | 4% | 1% | $2,679 | $1,472 | 49 | 25% |
| Sturgis | $432,450 | 4% | 1% | $2,693 | $1,696 | 32 | 19% |
| Custer | $615,000 | 3% | 2% | $2,397 | $2,360 | 29 | 34% |
| Harrisburg | $469,900 | 4% | 1% | $2,556 | $1,592 | 17 | 24% |
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