11 Randall Ridge RdBlack HawkCO80422
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 11 Randall Ridge Rd, Black Hawk, CO, 80422 in Black Hawk speaks for itself: 11.29% gross on a $319,000 price, generating $3,000/mo in rent and $1,141/mo in net income after the $1,434/mo debt service. DSCR 2.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,691 stacks alongside $88,134 in projected five-year appreciation and $2,938/yr in principal reduction. Projected total cumulative return: $193,947.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $1,141 | $1,200 |
City averages based on Black Hawk market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $1,732 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80422, Black Hawk, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,300 (100%) |
| Owner Occupied HU | 1,507 (65.5%) |
| Renter Occupied HU | 232 (10.1%) |
| Vacant Housing Units | 561 (24.4%) |
| Median Home Value | $632,454 |
| Average Home Value | $662,075 |
Housing Distribution
Address Breakdown
Residential
1,587
Single Family
1,555
Multi-Family
32
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80422, Black Hawk, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,300 (100%) |
| Owner Occupied HU | 1,507 (65.5%) |
| Renter Occupied HU | 232 (10.1%) |
| Vacant Housing Units | 561 (24.4%) |
| Median Home Value | $632,454 |
| Average Home Value | $662,075 |
Housing Distribution
Address Breakdown
Residential
1,587
Single Family
1,555
Multi-Family
32
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: IRES as distributed by MLS GRID
Mls ID: #1054881