Best business models ?

Hey, I’d like some help figuring out which business models work best with Black Hat SEO and have good payouts.

I already know about CPA and affiliate marketing. Are there any other good business models you’d recommend?

Note: I’m mainly targeting traffic from the US and Europe.

CPA/affiliate are the obvious ones, but I’d also look at lead gen and rank & rent. Those can be pretty solid with US traffic if you pick the right niche.
I’ve also seen people do well with their own info products or simple services, especially when the traffic has decent commercial intent.
Honestly, I wouldn’t chase the “highest payout” model. Pick a niche where one customer is worth real money and work backwards from there. That usually matters more than the actual monetization model.