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2026 State DSCR & Cap-Rate Intelligence Report ยท South Dakota (SD) ยท azcarcrashhelp.com

South Dakota (SD) Rental Property DSCR, Tax & Cap-Rate Benchmark Report

South Dakota Executive Underwriting Summary: Across 2 tracked South Dakota investment markets, 1โ€“4 unit rental properties average $295,000 in acquisition price against $2,180/month in Form 1007 market rent (8.87% gross rental yield) and $1,280/door/month on 5โ€“25 unit multifamily assets. Investors underwriting South Dakota DSCR loans must factor a 1.17% effective property tax rate (~$3,452/yr), $610/$100k hazard insurance (~$1,800/yr), and a Judicial or Non-Judicial Power of Sale (180-Day Redemption Waiver) statutory framework (90โ€“140 days typical timeline).
1โ€“4u Base Price / Rent
$295,000 / $2,180
Gross Rental Yield
8.87% Annual
Tax & Hazard Escrow
1.17% Tax ยท $610/100k
Foreclosure & Timeline
Judicial or Non-Judicial Power of Sale (180-Day Redemption Waiver) (90โ€“140 days)

South Dakota City-by-City DSCR, Tax & Multifamily Benchmark Table (2 Markets)

City & CountyPopulation1โ€“4u Median PriceForm 1007 Median RentTax RateCity Desk
Sioux Falls, SD (MINNEHAHA County County)179,497$320,000$2,400/mo1.19%Open Sioux Falls Hub โ†’
Rapid City, SD (PENNINGTON County County)77,185$265,000$2,000/mo1.17%Open Rapid City Hub โ†’

Related South Dakota Underwriting & Deal Team Hubs

South Dakota (SD) 2026 DSCR, Cap Rate & Rental Market Intelligence Report | azcarcrashhelp.com