Thornton, CO — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.6%

Below average

Monthly Cash Flow

-$808

After all expenses

Price-to-Rent

13.0

Investor-friendly

DSCR

0.72

Fails

📊 Key Metrics

Median Home Price
$520,162
Average Rent (3BR)
$3,290/mo
Price-to-Rent Ratio
13.0(good)
1% Rule
0.64%(fails — need 1%+)
Cash-on-Cash Return
-7.8%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.9%(-0.4% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+0.9% YoY

Assumptions Used

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

Customize these numbers →

Property Tax Rate

0.49%

of assessed value (CO avg)

Median Income

$82,254

household (CO avg)

Rent-to-Income

48%

Stretched

Section 8 Max Rent

$3,290/mo

3BR voucher payment

🏛️ CO Investor Climate

Landlord Friendly

6/10

State Income Tax

Has state tax

Property Tax

0.49% effective

Population Trend

+0.9% (3yr)

🏘️ Best Zip Codes in Thornton for Investors

80233
Cap Rate: 4.8%Cash Flow: -$619/mo$470,297
80602
Cap Rate: 4.6%Cash Flow: -$972/mo$651,701
80602
Cap Rate: 4.6%Cash Flow: -$972/mo$651,701

All Zip Codes in Thornton

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
802334.8%-$619$470,297$3,110/mo0.75
806024.6%-$972$651,701$4,170/mo0.72
806024.6%-$972$651,701$4,170/mo0.72
802414.5%-$808$520,162$3,290/mo0.71
802294.5%-$674$427,398$2,690/mo0.70