Real Estate Investing in Long Lake, South Dakota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 91 • McPherson

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Should you buy in Long Lake, SD? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (8/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
POOR
0.0 / 5 (0/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 61.1% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Long Lake, SD?

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0.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Home Value $0
ZIP Codes 1

Investing in Long Lake Real Estate

Across Long Lake's 1 ZIPs, the picture is lackluster: $N/AK median values, $ rents, and a population that has faced real economic pressure.

Investors considering Long Lake, SD should understand what the ☆☆☆☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Market conditions in Long Lake are lackluster. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

The 0% renter share in Long Lake masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Long Lake, SD. Anonymous, moderated, never written by AI.

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Avg Home Value
$0
Landlord Friendly (SD)
★★★★★

ZIP Codes in Long Lake, SD

57457
Home Value $0

Screen every ZIP in Long Lake

Filter Long Lake’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Long Lake, SD

What price range are homes in Long Lake, SD?

In Long Lake, SD the median home value sits at. Against the broader SD market, that reads as reasonable for most investors.

Is SD a landlord-friendly state?

SD law landlord-friendly for landlords, and Long Lake inherits those rules. Investors should still review local ordinances for rental licensing.

How strong is tenant demand in Long Lake, SD?

Expect a solid tenant pool in Long Lake, SD. The rental market absorbs rents without meaningful friction.

Does house hacking make sense in Long Lake, SD?

The a challenging house-hack environment in Long Lake, SD reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

How much do tenants pay in Long Lake, SD?

The typical rental in Long Lake, SD commands about monthly. That rent profile reliable cash flow against the purchase basis.

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