Real Estate Investing in Hurley, South Dakota (57036)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 57036 (Hurley, 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.
- High vacancy: 14.7% of homes vacant — above national norms.
• 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 Hurley, SD (57036)?
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Market Analysis: 57036 Hurley
This part of Turner County is not an easy win. The 57036 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,260/mo on a $309K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 57036 sits below the stated 0.0% once reality is priced in.
In the broader SD picture, 57036 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 57036 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. impressive returns are possible in 57036, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hurley:
Property Strategy for 57036
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $187,452 | $1,400 | 5.4% | +8.4% | $93,726 |
| 3BR | $303,197 | $1,920 | 4.6% | — | $101,066 |
| 4BR | $406,900 | $2,350 | 4.2% | — | $101,725 |
Market Trends
Home Value History (with trend line)
📊 How Does 57036 Compare?
| Metric | 57036 | Hurley | Sioux Falls, SD | South Dakota |
|---|---|---|---|---|
| Home Value | $308,598 | $308,598 | N/A | $311,504 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 6.8% |
| Avg Rent | $1,260 | $1,260 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 57036 (Hurley, SD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $308,598 |
| Monthly Rent | $1,260 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 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 (3.2%). 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 57036
Population: 609
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 57036
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
How does Hurley, SD stack up for property investment?
With a 3.0/5 investability score, Hurley, SD ranks as a solid market for rental property investors. Median prices of $309K and rents of $1,260/mo drive the underlying numbers.
What is the rental occupancy rate in Hurley, SD?
Expect elevated vacancy in Hurley, SD. Rents at $1,260/mo are absorbed by the tenant base without meaningful lag.
What do landlords charge for rent in Hurley, SD?
Investors in Hurley, SD typically see rents near $1,260/mo per month against $309K home values - a solid setup for rental cash flow.
Does house hacking work in Hurley, SD?
For house hackers, Hurley, SD is a challenging. The $1,260/mo rent on a unit helps defray the mortgage on a $309K property.
How strict are landlord regulations in Hurley, SD?
Hurley, SD falls under SD landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 57036 now. You don’t know where it ranks.
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How 57036 ranks in Sioux Falls, SD
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