Real Estate Investing in Colton, South Dakota (57018)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 57018 (Colton, SD)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 31.3 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Colton, SD (57018)?
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Market Analysis: 57018 Colton
The 57018 ZIP in Colton, SD is a local-operator market. Outside capital chasing a $315K entry has to pair deep knowledge with the discount.
Rent of $837/mo on a $315K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 57018 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 57018 among SD's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 57018 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 57018 is an operator game, not a passive one. Turning to rents, entry prices of $315K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Colton:
Property Strategy for 57018
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $215,221 | $930 | 3.1% | — | $107,610 |
| 3BR | $300,101 | $1,280 | 3.1% | — | $100,034 |
| 4BR | $347,939 | $1,560 | 3.2% | — | $86,985 |
Market Trends
Home Value History (with trend line)
📊 How Does 57018 Compare?
| Metric | 57018 | Colton | Sioux Falls, SD | South Dakota |
|---|---|---|---|---|
| Home Value | $314,796 | $347,791 | N/A | $311,504 |
| 5-Year CAGR | 6.9% | 7.0% | N/A | 6.8% |
| Avg Rent | $837 | $972 | N/A | - |
| Cap Rate | 2.1% | 2.2% | - | - |
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 57018 (Colton, SD). Anonymous, moderated, never written by AI.
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Property managers serving Minnehaha County
Manage rentals here? List your business →Costello Companies offers apartments and townhomes in South Dakota. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $314,796 |
| Monthly Rent | $837 |
| Price-to-Rent | 31.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +10.9% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 (2.1%). 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 57018
Population: 1,400
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
🎓 Schools in 57018
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Are renters plentiful in Colton, SD?
Colton, SD draws a steady base of working renters. Demand at the $837/mo rent level is reasonable for standard single-family and small multi rentals.
How quickly do rentals get leased in Colton, SD?
Vacancy risk in Colton, SD is elevated. That supports measured cash flow for typical rental holds.
What is the typical home price in Colton, SD?
In Colton, SD the median home value sits at $315K. Against the broader SD market, that reads as reasonable for most investors.
What monthly rent should investors expect in Colton, SD?
Rental rates in Colton, SD average $837/mo. Tenant demand and $315K home values make the yield look reasonable by investor standards.
How viable is house hacking in Colton, SD?
House hacking in Colton, SD is a challenging. With home values around $315K and rents at $837/mo, owner-occupants can offset a meaningful share of PITI.
You know 57018 now. You don’t know where it ranks.
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How 57018 ranks in Sioux Falls, SD
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