Pennington cap rate
The cap rate in Pennington is 2.0%, ranking #2,688 of 3,071 U.S. counties. Updated monthly and free to explore.
Cap rate
2.0%
Ranks #2,688 of 3,071 U.S. counties, in the top 87%.
- vs. national median3.4%Pennington is lower than the U.S. median
- vs. South Dakota median1.9%Pennington is higher than the South Dakota median
What cap rate means
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.
Pennington cap rate: common questions
What is the cap rate in Pennington?
The cap rate in Pennington is 2.0%, which ranks #2,688 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.
Is the cap rate in Pennington above or below the national average?
Pennington is lower than the U.S. median of 3.4%, putting it in the top 87% of U.S. counties.
How does Pennington compare with the rest of South Dakota?
Pennington is higher than the South Dakota median of 1.9%.
What does cap rate mean?
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.