Metropolitan Area

Vermillion, SD

South Dakota0
53
/100
Hold
#679 of 894 metros
Top 76% nationally for investing

Market Snapshot

$288,957
Median Home Price
13% above national median
$783/mo
Median Rent
43% below national median
3.25%
Rent-to-Price Ratio
Top 99% nationally
-$1,006
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

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20%
5%50%100%

Purchase

Purchase Price$288,957
Down Payment (20%)$57,791
Loan Amount$231,166
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$783
Monthly P&I-$1,515
Est. Expenses (35%)-$274
Net Cash Flow-$1,005/mo
2.1%
Cap Rate (all cash)
-18.1%
Cash-on-Cash Return
3.25%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 2.1% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

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Score Breakdown

Overall Investment Score
53/100
53
Cash Flow(30%)
19/100

Based on 3.25% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
84/100

Based on 4.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
68/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (3.25%)
  • -Negative cash flow at typical financing (-$1,006/mo)
  • -Negative leverage (cap rate 2.1% < mortgage rate 6.9%)

Counties in Vermillion, SD

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Columbus, MS
Columbus, MS
73$190,558$1,3918.76%BuyView
Salina, KS
Salina, KS
73$180,234$1,0446.95%BuyView
Marion, IN
Marion, IN
73$156,372$8866.80%BuyView
Oneonta, NY
Oneonta, NY
73$216,762$1,4798.19%BuyView
Fairmont, WV
Fairmont, WV
73$169,410$1,1488.13%BuyView
Current
Vermillion, SD
53$288,957$7833.25%Hold

The Bottom Line

HoldVermillion, SD is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Vermillion, SD metro area scores 53/100, ranking #679 of 894 US metros (top 76%). The 3.25% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,006/mo
Cap Rate
2.1%
Cash-on-Cash
-20.9%

Ready to Invest in Vermillion, SD?

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