Real Estate Investing in Selby, South Dakota (57472)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 57472 (Selby, SD)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 21.7% 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 Selby, SD (57472)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 57472 Selby
Not every below-median market is a bargain. Selby's 57472 ZIP reports signals that favor experienced operators who can absorb the risk $136K pricing implies.
The 57472 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Put differently, 57472 offers a low basis, the region around Selby has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 57472 ZIP's population of 1,078 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
The 57472 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Selby:
Property Strategy for 57472
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $108,254 | $1,110 | 7.4% | — | $54,127 |
| 3BR | $166,823 | $1,330 | 5.7% | — | $55,608 |
Market Trends
Home Value History (with trend line)
📊 How Does 57472 Compare?
| Metric | 57472 | Selby | South Dakota |
|---|---|---|---|
| Home Value | $135,777 | $135,777 | $311,504 |
| 5-Year CAGR | 3.4% | 3.4% | 6.8% |
| Avg Rent | $999 | $999 | - |
| Cap Rate | 5.7% | 5.7% | - |
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 57472 (Selby, SD). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 57472 (Selby, SD)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $135,777 |
| Monthly Rent | $999 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (5.7%). 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 57472
Population: 1,078
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 57472
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
What kind of tenants rent in Selby, SD?
Selby, SD offers a consistent renter base at the $999/mo rent level. Tenant turnover is reasonable for well-managed properties.
What investment strategy works best in Selby, SD?
In Selby, SD the significant play is typically careful cash-flow rentals with hands-on management. The combination of $136K prices and $999/mo rents suits that approach.
What is the average home sale price in Selby, SD?
Typical homes in Selby, SD go for around $136K. The 5-year CAGR of 0.0% steady price movement.
Is Selby, SD a friendly market for rental owners?
For rental operators, Selby, SD rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Does Selby, SD make sense for an investment property?
With a 3.0/5 investability score, Selby, SD ranks as a solid market for rental property investors. Median prices of $136K and rents of $999/mo drive the underlying numbers.
You know 57472 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 57472 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 57472 (Selby)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 57472 (Selby, SD).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.