Is Blackhawk, SD a good place to invest in rental property?

Blackhawk, SD has a median modeled monthly cash flow of $-2,280 and a median cap rate of 1.7%, on a median sold price of $434,500. Prices changed +12.6% year over year.

What is the average cap rate in Blackhawk, SD?

The median cap rate across recently sold homes in Blackhawk, SD is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Blackhawk, SD?

The median sold price in Blackhawk, SD is $434,500 (about $205 per square foot).

Investing in Blackhawk, SD Real Estate

A data-driven snapshot of the Blackhawk, SD rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$434,500Median sold price

$205Median $/sqft

1.7%Median cap rate

$-2,280Modeled cash flow / mo

+12.6%Appreciation YoY

4.8Months of supply

21Active listings

52Sold (last 12 mo)

What the Blackhawk numbers say

In Blackhawk, SD, the median home sold for $434,500 (about $205 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-2,280 of monthly cash flow. Sold prices moved +12.6% over the past year. Inventory sits at about 4.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other South Dakota markets to compare

See Blackhawk cash-flowing listings

CashFlowRE ranks every for-sale home in Blackhawk, SD by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Blackhawk deals, or browse the national market data.