41 Damascus RoadBlack HawkCO80422
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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
Investment Highlights
Investment property for sale in Black Hawk at 41 Damascus Road, Black Hawk, CO, 80422 offers a 6.46% rental yield on a $650,000 purchase with $3,497/mo rent. 43% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 94.4% and total cumulative return in cash at $201,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,497/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.23 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
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Listed by: Melissa Kluck • HomeSmart
Mls Name: REcolorado
Mls ID: #6471480