Real Estate Investing in Tulare, South Dakota (57476)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 57476 (Tulare, 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: 18.7% 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 Tulare, SD (57476)?
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Market Analysis: 57476 Tulare
ZIP 57476 in Tulare, SD carries a durable set of headwinds. Home values near $238K and rents of $882/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 57476 can be a a strong candidate for hunting ground — but the discount at $238K reflects genuine risk that outside investors often underestimate.
ZIP 57476's metrics run below Spink County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 57476 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 57476 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Tulare:
Market Trends
Home Value History (with trend line)
📊 How Does 57476 Compare?
| Metric | 57476 | Tulare | South Dakota |
|---|---|---|---|
| Home Value | $238,221 | $238,221 | $311,504 |
| 5-Year CAGR | 7.6% | 7.6% | 6.8% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 2.9% | 2.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 57476 (Tulare, SD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $238,221 |
| Monthly Rent | $882 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 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 (2.9%). 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 57476
Population: 463
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 57476
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
Is Tulare, SD a good place for real estate investing?
Tulare, SD stands at an investability rating of 3.0/5, with median home values near $238K and average rents around $882/mo. That combination puts it in the resilient tier for investor interest.
Do rentals sit vacant long in Tulare, SD?
Expect elevated vacancy in Tulare, SD. Rents at $882/mo are absorbed by the tenant base without meaningful lag.
How strong is the working-renter base in Tulare, SD?
The renter base in Tulare, SD is reasonable for the $882/mo price point. Screening well and pricing to market typically yields consistent tenants.
Is Tulare, SD suited for a house hack?
For house hackers, Tulare, SD is a challenging. The $882/mo rent on a unit helps defray the mortgage on a $238K property.
How much rent can I charge in Tulare, SD?
Tulare, SD rentals go for roughly $882/mo a month. That puts gross yield in solid territory relative to $238K acquisition costs.
You know 57476 now. You don’t know where it ranks.
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