Real Estate Investing in Belle Fourche, South Dakota (57717)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 57717 (Belle Fourche, 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.
- Elevated vacancy: 10.9% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 30.0 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Belle Fourche, SD (57717)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 57717 Belle Fourche
Meanwhile, ZIP 57717 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $354K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 57717 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within SD, ZIP 57717 trails on several market indicators that neighboring Butte County submarkets outperform. The gap is real and durable enough to shape underwriting.
A impressive renter share of 22% in 57717 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 57717 is an operator game, not a passive one. In practical terms, entry prices of $354K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Belle Fourche:
Market Trends
Home Value History (with trend line)
📊 How Does 57717 Compare?
| Metric | 57717 | Belle Fourche | Gillette, WY | South Dakota |
|---|---|---|---|---|
| Home Value | $353,591 | $353,591 | N/A | $311,504 |
| 5-Year CAGR | 2.8% | 2.8% | N/A | 6.8% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
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 57717 (Belle Fourche, SD). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 57717 (Belle Fourche, SD)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $353,591 |
| Monthly Rent | $981 |
| Price-to-Rent | 30.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (2.2%). 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 57717
Population: 8,711
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 57717
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 strong is Belle Fourche, SD for real estate investors?
Our data puts Belle Fourche, SD at 3.0/5 for investability. Home prices of $354K and rents around $981/mo create a solid backdrop for investor activity.
What kind of vacancy should I budget for in Belle Fourche, SD?
Expect elevated vacancy in Belle Fourche, SD. Rents at $981/mo are absorbed by the tenant base without meaningful lag.
Where do rents currently stand in Belle Fourche, SD?
Expect rents around $981/mo per month in Belle Fourche, SD. With home values at $354K, the yield math works out to reasonable levels for rental investors.
What is the best play in Belle Fourche, SD?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Belle Fourche, SD. The numbers - $354K homes against $981/mo rents - support that play.
What is the tenant pool like in Belle Fourche, SD?
Belle Fourche, SD draws a steady base of working renters. Demand at the $981/mo rent level is reasonable for standard single-family and small multi rentals.
You know 57717 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 57717 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.
How 57717 ranks in Gillette, WY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 57717 (Belle Fourche)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 57717 (Belle Fourche, SD).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.