Real Estate Investing in Webster, South Dakota (57274)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 57274 (Webster, SD)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Webster, SD (57274)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 57274 Webster
Not every below-median market is a bargain. Webster's 57274 ZIP reflects signals that favor experienced operators who can absorb the risk $237K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 57274 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Webster have seen price recovery that 57274 has not matched. Day County data supports the view that the spread is structural rather than temporary.
The demographic picture in 57274 includes headwinds that any investor should price in. Income distribution skews lower than Webster averages, and tenant stability requires active management.
Strategy in 57274 is an operator game, not a passive one. On balance, entry prices of $237K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Webster:
Market Trends
Home Value History (with trend line)
📊 How Does 57274 Compare?
| Metric | 57274 | Webster | South Dakota |
|---|---|---|---|
| Home Value | $236,996 | $236,996 | $311,504 |
| 5-Year CAGR | 2.2% | 2.2% | 6.8% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 57274 (Webster, SD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $236,996 |
| Monthly Rent | $837 |
| Price-to-Rent | 23.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.8% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +2.8% ▲ |
🏠 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 (2.8%). 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 57274
Population: 2,611
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 57274
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 much rent can I charge in Webster, SD?
Webster, SD rentals go for roughly $837/mo a month. That puts gross yield in solid territory relative to $237K acquisition costs.
What kind of tenants rent in Webster, SD?
Tenant quality in Webster, SD ranks as solid. Landlords generally report steady occupancy at market rents of $837/mo.
How much should I expect to pay for a home in Webster, SD?
Expect median prices around $237K in Webster, SD. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
Is house hacking profitable in Webster, SD?
House hacking in Webster, SD is reasonable to execute. Prices around $237K and rents of $837/mo solid owner-occupant economics.
Is Webster, SD good for landlords?
Webster, SD falls under SD landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
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