Drake, CO — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

2.4%

Below average

Monthly Cash Flow

-$1,749

After all expenses

Price-to-Rent

20.1

Overpriced for rent

DSCR

0.38

Fails

📊 Key Metrics

Median Home Price
$524,252
Average Rent (3BR)
$2,175/mo
Price-to-Rent Ratio
20.1(high)
1% Rule
0.42%(fails — need 1%+)
Cash-on-Cash Return
-17.4%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Drake for Investors

80515
Cap Rate: 2.4%Cash Flow: -$1,611/mo$484,860
80532
Cap Rate: 2.4%Cash Flow: -$1,888/mo$563,644

All Zip Codes in Drake

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
805152.4%-$1,611$484,860$2,020/mo0.38
805322.4%-$1,888$563,644$2,330/mo0.37