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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Black Hawk, SD

$ 314,900
ROI
23.5
Cash Flow/m
324- 4 Bed
- 2 Bath
- 1736 sft
5160 Orchid Ln, Black Hawk, SD, 57718

$ 245,000
ROI
21.9
Cash Flow/m
149- 2 Bed
- 1 Bath
- 1260 sft
5716 Key Ln, Black Hawk, SD, 57718

$ 365,000
ROI
20.2
Cash Flow/m
44- 3 Bed
- 2 Bath
- 1780 sft
11606 Midland Rd, Black Hawk, SD, 57718

$ 250,000
ROI
31.9
Cash Flow/m
844- 3 Bed
- 2 Bath
- 1824 sft
7886 Terry Ave, 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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