Denver, CO — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.1%
Below average
Monthly Cash Flow
-$1,542
After all expenses
Price-to-Rent
17.0
Overpriced for rent
DSCR
0.48
Fails
📊 Key Metrics
- Median Home Price
- $546,281
- Average Rent (3BR)
- $2,750/mo
- Price-to-Rent Ratio
- 17.0(high)
- 1% Rule
- 0.49%(fails — need 1%+)
- Cash-on-Cash Return
- -14.2%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
-2,291 households
SHRINKING
Total Inflow
315,430
households moved in
Avg Income (New Residents)
$132,199
per household
Where they're coming from:
1.Denver Non-migrants, CO278,185 households · avg $138,427
2.Arapahoe, CO8,000 households · avg $77,741
3.Jefferson, CO5,271 households · avg $66,998
4.Adams, CO3,546 households · avg $52,050
5.Douglas, CO1,632 households · avg $84,510
Where residents are leaving to:
1.Denver Non-migrants, CO278,185 households
2.Arapahoe, CO9,834 households
3.Jefferson, CO8,091 households
4.Adams, CO5,537 households
5.Douglas, CO2,422 households
💡 Net outflow may indicate weakening demand — but can mean lower prices and higher cap rates.
🏘️ Best Zip Codes in Denver for Investors
All Zip Codes in Denver
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 80247 | 8.5% | +$467 | $262,923 | $2,730/mo | 1.33 |
| 80203 | 7.5% | +$331 | $359,765 | $3,360/mo | 1.17 |
| 80216 | 6.4% | +$13 | $363,130 | $3,000/mo | 1.01 |
| 80249 | 5.9% | -$204 | $465,944 | $3,580/mo | 0.92 |
| 80202 | 5.5% | -$431 | $558,018 | $4,060/mo | 0.85 |
| 80239 | 5.0% | -$513 | $430,149 | $2,910/mo | 0.78 |
| 80231 | 4.9% | -$514 | $412,154 | $2,760/mo | 0.77 |
| 80237 | 4.5% | -$786 | $502,336 | $3,170/mo | 0.71 |
| 80223 | 4.2% | -$860 | $461,060 | $2,740/mo | 0.65 |
| 80427 | 4.2% | -$790 | $423,919 | $2,520/mo | 0.65 |
| 80022 | 3.7% | -$1,085 | $478,629 | $2,610/mo | 0.57 |
| 80218 | 3.6% | -$1,164 | $498,835 | $2,680/mo | 0.56 |
| 80219 | 3.4% | -$1,069 | $427,564 | $2,210/mo | 0.53 |
| 80204 | 3.3% | -$1,364 | $534,545 | $2,730/mo | 0.52 |
| 80236 | 3.3% | -$1,333 | $521,477 | $2,660/mo | 0.52 |
| 80221 | 3.3% | -$1,201 | $459,223 | $2,310/mo | 0.51 |
| 80005 | 3.2% | -$1,760 | $654,145 | $3,230/mo | 0.49 |
| 80246 | 3.1% | -$1,600 | $581,723 | $2,830/mo | 0.48 |
| 80205 | 3.1% | -$1,601 | $577,078 | $2,790/mo | 0.48 |
| 80238 | 2.9% | -$2,201 | $767,081 | $3,620/mo | 0.46 |
| 80224 | 2.9% | -$1,624 | $563,416 | $2,650/mo | 0.46 |
| 80222 | 2.9% | -$1,664 | $565,666 | $2,620/mo | 0.45 |
| 80436 | 2.8% | -$1,484 | $489,166 | $2,210/mo | 0.43 |
| 80474 | 2.6% | -$1,804 | $574,288 | $2,520/mo | 0.41 |
| 80211 | 2.5% | -$2,293 | $715,075 | $3,080/mo | 0.40 |
| 80102 | 2.5% | -$1,708 | $522,291 | $2,210/mo | 0.39 |
| 80207 | 2.5% | -$1,955 | $597,980 | $2,530/mo | 0.39 |
| 80230 | 2.5% | -$2,571 | $785,477 | $3,320/mo | 0.39 |
| 80422 | 2.3% | -$1,915 | $566,396 | $2,320/mo | 0.36 |
| 80220 | 2.2% | -$2,338 | $665,741 | $2,620/mo | 0.34 |
| 80212 | 2.0% | -$2,716 | $741,313 | $2,780/mo | 0.31 |
| 80206 | 1.9% | -$3,261 | $863,532 | $3,120/mo | 0.29 |
| 80209 | 1.7% | -$3,865 | $982,341 | $3,360/mo | 0.26 |
| 80210 | 1.7% | -$3,299 | $837,561 | $2,860/mo | 0.26 |