Fix And Flip Investment Properties for Sale in Black Hawk, SD

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Here are some other similar properties you might be interested in:
Property at 419 W 3rd St, Miller, SD
Listed for sale 5 days ago
$ 100,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign132
  • 3 Bed
  • 3 Bath
  • 2028 sft
419 W 3rd St, Miller, SD, 57362
Property at 1430 5th St, Rapid City, SD
Fix & Flip
$ 100,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign140
  • 3 Bed
  • 1 Bath
  • 978 sft
1430 5th St, Rapid City, SD, 57701
Property at 714 S Union Ave, Madison, SD
Fix & Flip
$ 100,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign135
  • 4 Bed
  • 2 Bath
  • 1233 sft
714 S Union Ave, Madison, SD, 57042
Property at 700 N Bobwhite Pl, Sioux Falls, SD
$ 100,000
ROI
(2.2)ROI percentage
Gross Rent Yield
9.0Gross yield percentage
  • 3 Bed
  • 2 Bath
  • 1736 sft
700 N Bobwhite Pl, Sioux Falls, SD, 57107
Property at 16971 Union Ctr, Sturgis, SD
Fix & Flip
$ 100,000
ROI
29.4ROI percentage
Cash Flow/m
Dollar sign268
  • 4 Bed
  • 1 Bath
  • 3264 sft
16971 Union Ctr, Sturgis, SD, 57785
Property at 221 E Essex Ave, Salem, SD
Fix & Flip
$ 100,000
ROI
18.1ROI percentage
Gross Rent Yield
7.0Gross yield percentage
  • 3 Bed
  • 2 Bath
  • 1981 sft
221 E Essex Ave, Salem, SD, 57058
Property at 211 2nd Ave SW, Herreid, SD
$ 100,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign161
  • 3 Bed
  • 2 Bath
  • - sft
211 2nd Ave SW, Herreid, SD, 57632
Property at 401 Us Highway 14 W #4, De Smet, SD
$ 100,000
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign89
  • 1 Bed
  • 2 Bath
  • 1400 sft
401 Us Highway 14 W #4, De Smet, SD, 57231
Property at 810 Locust St, Yankton, SD
$ 100,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign133
  • 3 Bed
  • 2 Bath
  • 1308 sft
810 Locust St, Yankton, SD, 57078
Property at 400 6th St, Hudson, SD
$ 100,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign107
  • 2 Bed
  • 2 Bath
  • 3330 sft
400 6th St, Hudson, SD, 57034
Property at 129 Norbeck Dr, Pierre, SD
$ 100,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign141
  • 3 Bed
  • 2 Bath
  • - sft
129 Norbeck Dr, Pierre, SD, 57501
Property at 803 1st Ave E, Mobridge, SD
Rental Income
$ 100,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign149
  • 2 Bed
  • 1 Bath
  • 1342 sft
803 1st Ave E, Mobridge, SD, 57601
Property at 103 Wren Ct, Box Elder, SD
$ 100,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign146
  • 4 Bed
  • 2 Bath
  • 1686 sft
103 Wren Ct, Box Elder, SD, 57719
Property at 2604 S Highway 281, Aberdeen, SD
Fix & Flip
$ 100,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign171
  • - Bed
  • - Bath
  • - sft
2604 S Highway 281, Aberdeen, SD, 57401
Property at 919 Rice Ave, Gregory, SD
Fix & Flip
$ 100,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign128
  • 3 Bed
  • 2 Bath
  • 1824 sft
919 Rice Ave, Gregory, SD, 57533
Property at 1237 Spearfish Mountain Ln, Spearfish, SD
$ 100,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign148
  • 3 Bed
  • 2 Bath
  • 1216 sft
1237 Spearfish Mountain Ln, Spearfish, SD, 57783
Property at 44232 Dumarce Lake Rd, Veblen, SD
$ 100,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • 2 Bed
  • 1 Bath
  • 960 sft
44232 Dumarce Lake Rd, Veblen, SD, 57270
Property at 310 Dakota St, Alcester, SD
$ 100,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign136
  • 2 Bed
  • 1 Bath
  • 1379 sft
310 Dakota St, Alcester, SD, 57001
Property at 1113 Wisconsin Ave SW, Huron, SD
$ 100,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign148
  • 2 Bed
  • 2 Bath
  • 1531 sft
1113 Wisconsin Ave SW, Huron, SD, 57350
Property at 240 Hubbard St W, Carthage, SD
$ 100,000
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign120
  • 4 Bed
  • 2 Bath
  • 1097 sft
240 Hubbard St W, Carthage, SD, 57323
Property at 2769 Edgewater Dr, Gary, SD
$ 100,000
ROI
34.5ROI percentage
Cash Flow/m
Dollar sign411
  • - Bed
  • - Bath
  • - sft
2769 Edgewater Dr, Gary, SD, 57237
Property at Northbay Dr, Arlington, SD
$ 100,000
ROI
45.6ROI percentage
Cash Flow/m
Dollar sign720
  • - Bed
  • - Bath
  • - sft
Northbay Dr, Arlington, SD, 57212
Property at L1b B9 17th Ave SW, Watertown, SD
$ 100,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • - Bed
  • - Bath
  • - sft
L1b B9 17th Ave SW, Watertown, SD, 57201
Property at 1100 E Thompson Pl, Tea, SD
$ 100,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • - Bed
  • - Bath
  • - sft
1100 E Thompson Pl, Tea, SD, 57064

Why Invest in Black Hawk, South Dakota?

Black Hawk, SD presents compelling fix-and-flip opportunities in a stabilizing market with median home values around $355,000 and modest appreciation trends. The region benefits from South Dakota's low unemployment rate and steady housing demand, creating favorable conditions for value-add renovations. With homes selling after approximately 53 days on market and a sale-to-list ratio near 98%, investors can execute strategic rehabs and achieve competitive returns. The Black Hills location attracts both primary residents and tourism-driven demand, enhancing long-term property appreciation potential.

12.5%
Avg. ROI
4.8%
Rental Yield
5.2%
Cap Rate
$385/mo
Avg. Cash Flow
$1425/mo
Avg. Rent
1.2%
1Y Appreciation

Frequently Asked Questions

With average days-on-market around 53 days and stable market conditions, investors typically complete renovations in 3-4 months and sell within 2-3 months. The balanced inventory levels and consistent demand support predictable exit timelines for well-executed rehab projects.

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