10989 Pitkin StreetCommerce CityCO80022



INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 10989 Pitkin Street, Commerce City, CO, 80022 in Commerce City. Rental yield 6.64%. The 1.23 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $173,781 and $5,793/yr in principal reduction project total return of $198,039.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.2% |
| Monthly Cash Flow | $(646) | $850 |
City averages based on Commerce City market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,480 |
| Total Monthly Debt Service | $3,875 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2013
6,600 sqft lot
$N/A/sqft
$110 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80022, Commerce City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,174 (100%) |
| Owner Occupied HU | 15,814 (71.3%) |
| Renter Occupied HU | 5,505 (24.8%) |
| Vacant Housing Units | 855 ( 3.9%) |
| Median Home Value | $553,440 |
| Average Home Value | $562,715 |
Housing Distribution
Address Breakdown
Residential
20,938
Single Family
19,790
Multi-Family
1,148
Businesses
1,484



Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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


Single Family
Built in 2013
6,600 sqft lot
$N/A/sqft
$110 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80022, Commerce City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,174 (100%) |
| Owner Occupied HU | 15,814 (71.3%) |
| Renter Occupied HU | 5,505 (24.8%) |
| Vacant Housing Units | 855 ( 3.9%) |
| Median Home Value | $553,440 |
| Average Home Value | $562,715 |
Housing Distribution
Address Breakdown
Residential
20,938
Single Family
19,790
Multi-Family
1,148
Businesses
1,484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Erica Chouinard • RE/MAX Professionals
Mls Name: REcolorado as distributed by MLS GRID
Mls Provider:
Mls ID: #3742311
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