Under $300K Investment Properties for Sale in Black Hawk, SD
149- 2 Bed
- 1 Bath
- 1260 sft
844- 3 Bed
- 2 Bath
- 1824 sft
290- 3 Bed
- 3 Bath
- 2144 sft
620- - Bed
- - Bath
- - sft
Why Invest in Black Hawk, South Dakota?
Black Hawk, SD offers affordable entry points for real estate investors seeking properties under $300K in a growing regional market. The area benefits from proximity to Rapid City's economic hub and tourism infrastructure, supporting rental demand. With lower acquisition costs and emerging appreciation potential, sub-$300K properties provide solid cash flow opportunities for buy-and-hold strategies. The Black Hills region continues to attract both leisure visitors and remote workers, creating sustained tenant demand.
Frequently Asked Questions
Rental yields for sub-$300K properties in Black Hawk typically range 5–5.5% annually, with cap rates between 5–6%. Actual returns depend on property condition, location within the city, and management approach (long-term vs. short-term rental).
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