930 Lodge Pole DriveBlack 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
Rental property for sale in Black Hawk at 930 Lodge Pole Drive, Black Hawk, CO, 80422 priced at $590,000 converts $3,599/mo rent into $140/mo cash flow after a $2,888/mo obligation. Total monthly income equals $3,599/mo, and annual cash flow totals $1,684/yr on $194,110 invested. Return on cash invested prints 20.93% in year one, and rental yield reads 7.32% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 107.85% and total cumulative return in cash sums $209,344. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,599/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Single Family
Built in 1995
1.06 Acres lot
$N/A/sqft
$60 quarterly 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: Jamie Goodvin • JPAR Modern Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #5831952
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