Real Estate Investing in Chancellor, South Dakota (57015)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 57015 (Chancellor, SD)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 41.9 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Chancellor, SD (57015)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 57015 Chancellor
The 57015 ZIP in Chancellor, SD is a local-operator market. Outside capital chasing a $421K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $421K asset, 57015 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 57015 and stronger Chancellor ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
From a cash-flow lens, 815 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 57015 is an operator game, not a passive one. Turning to rents, entry prices of $421K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Chancellor:
Market Trends
Home Value History (with trend line)
📊 How Does 57015 Compare?
| Metric | 57015 | Chancellor | Sioux Falls, SD | South Dakota |
|---|---|---|---|---|
| Home Value | $420,956 | $420,956 | N/A | $311,504 |
| 5-Year CAGR | 8.2% | 8.2% | N/A | 6.8% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 1.6% | 1.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 57015 (Chancellor, SD). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 57015 (Chancellor, SD)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $420,956 |
| Monthly Rent | $837 |
| Price-to-Rent | 41.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.4% |
| Cap Rate | 1.6% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 57015
Population: 815
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Investor Insight: With 1,030 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Chancellor, SD?
The typical rental in Chancellor, SD commands about $837/mo monthly. That rent profile reliable cash flow against the $421K purchase basis.
How strong is tenant demand in Chancellor, SD?
Chancellor, SD draws a stable base of working renters. Demand at the $837/mo rent level is reasonable for standard single-family and small multi rentals.
Do rentals sit vacant long in Chancellor, SD?
Expect elevated vacancy in Chancellor, SD. Rents at $837/mo are absorbed by the tenant base without meaningful lag.
Does house hacking work in Chancellor, SD?
House hacking in Chancellor, SD is reasonable to execute. Prices around $421K and rents of $837/mo solid owner-occupant economics.
How do experienced investors play Chancellor, SD?
The best-fit strategy in Chancellor, SD is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 57015 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 57015 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 57015 ranks in Sioux Falls, SD
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 57015 (Chancellor)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 57015 (Chancellor, SD).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.