Single Family Investment Properties for Sale in Black Hawk, SD

$ 319,000
ROI
24.4
Cash Flow/m
409- 4 Bed
- 2 Bath
- 1780 sft
7872 Terry Ave, Black Hawk, SD, 57718

$ 432,900
ROI
21.2
Cash Flow/m
172- 4 Bed
- 3 Bath
- 2054 sft
7170 Brighton St, Black Hawk, SD, 57718

$ 409,000
ROI
20.7
Cash Flow/m
111- 4 Bed
- 2 Bath
- 2448 sft
12301 Ruby Rd, Black Hawk, SD, 57718

$ 339,900
ROI
25.0
Cash Flow/m
499- 5 Bed
- 2 Bath
- 1928 sft
6212 Northdale 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.
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