Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Black Hawk, SD
Listed for sale 5 days ago
$ 283,000
ROI
22.0
Cash Flow/m
172- 4 Bed
- 2 Bath
- 1824 sft
12813 Larene Dr, Black Hawk, SD, 57718
Fix & Flip
Listed for sale 6 days ago
$ 329,900
ROI
23.4Cash Flow/m
337- 4 Bed
- 2 Bath
- 1780 sft
5805 W Elmwood Dr, Black Hawk, SD, 57718
$ 325,000
ROI
22.6Cash Flow/m
254- 4 Bed
- 2 Bath
- 1632 sft
6608 Kimberly Dr, Black Hawk, SD, 57718
Rental Income
$ 275,000
ROI
30.4Cash Flow/m
815- 4 Bed
- 2 Bath
- 2120 sft
7105 Daisy Dr, Black Hawk, SD, 57718
Why Invest in Black Hawk, South Dakota?
Single-family homes in Black Hawk, SD offer stable investment opportunities near Rapid City. Proximity to Ellsworth Air Force Base drives consistent rental demand from military families. Average rents around $1,980 support solid cash flows with cap rates near 6-7%. Appreciation has averaged 1% annually amid South Dakota's growing economy. Low vacancy rates and affordable entry prices make it ideal for long-term holds.
7.2%
Avg. ROI
6.1%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1980/mo
Avg. Rent
1%
1Y Appreciation
Frequently Asked Questions
Proximity to Ellsworth Air Force Base creates steady demand from military personnel and families. The growing Rapid City economy adds workforce renters. Low vacancy rates under 5% ensure reliable occupancy.
Find Your Perfect Investment Property in Black Hawk, South Dakota
Explore investment opportunities by strategy, performance, or property type
