Real Estate Investing in Sisseton, South Dakota (57262)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 57262 (Sisseton, 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: 12.0% of homes vacant — above national norms.
- Elevated poverty: 22.6% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Sisseton, SD (57262)?
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Market Analysis: 57262 Sisseton
ZIP 57262 in Sisseton, SD carries a solid set of headwinds. Home values near $219K and rents of $837/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 57262 can be a a credible choice for hunting ground — but the discount at $219K reflects genuine risk that outside investors often underestimate.
ZIP 57262's metrics run below Roberts's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 57262 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Sisseton's stable or hybrid ZIPs before stepping into 57262. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Sisseton:
Market Trends
Home Value History (with trend line)
📊 How Does 57262 Compare?
| Metric | 57262 | Sisseton | South Dakota |
|---|---|---|---|
| Home Value | $219,263 | $219,263 | $311,504 |
| 5-Year CAGR | 2.4% | 2.4% | 6.8% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 3.0% | 3.0% | - |
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 57262 (Sisseton, SD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $219,263 |
| Monthly Rent | $837 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +18.3% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 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 (3.0%). 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 57262
Population: 5,043
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 57262
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much rent can I charge in Sisseton, SD?
Average rent in Sisseton, SD is approximately $837/mo per month. Against $219K home values that yields a reasonable rent-to-price ratio.
Is Sisseton, SD good for landlords?
Rental owners in Sisseton, SD deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Sisseton, SD a good market for buy-and-hold investors?
Sisseton, SD scores 3.0/5 for investability. Home values sit at $219K and rents near $837/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Which real estate strategy fits Sisseton, SD?
For Sisseton, SD, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What kind of vacancy should I budget for in Sisseton, SD?
Rental vacancy in Sisseton, SD is elevated. Investors should budget normal turnover but not chronic empty units.
You know 57262 now. You don’t know where it ranks.
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