11278 Grove St #AWestminsterCO80031
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing11278 Grove St #A, Westminster, CO, 80031 in Westminster is a stable, well-positioned rental at $519,000. Rental yield 6.38%. DSCR 1.18 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $143,390 in value and $4,780/yr in principal paydown builds equity, a total projected return of $153,638.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 5.8% |
| Monthly Cash Flow | $(687) | $1,850 |
City averages based on Westminster 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 | $2,760 |
| Total Monthly Debt Service | $3,240 |
| DSCR Ratio | 0.85x |
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 2000
4,723 sqft lot
$N/A/sqft
$418 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80031, Westminster, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,390 (100%) |
| Owner Occupied HU | 10,441 (60.0%) |
| Renter Occupied HU | 6,104 (35.1%) |
| Vacant Housing Units | 845 ( 4.9%) |
| Median Home Value | $597,319 |
| Average Home Value | $610,643 |
Housing Distribution
Address Breakdown
Residential
15,714
Single Family
11,669
Multi-Family
4,045
Businesses
581
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 2000
4,723 sqft lot
$N/A/sqft
$418 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80031, Westminster, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,390 (100%) |
| Owner Occupied HU | 10,441 (60.0%) |
| Renter Occupied HU | 6,104 (35.1%) |
| Vacant Housing Units | 845 ( 4.9%) |
| Median Home Value | $597,319 |
| Average Home Value | $610,643 |
Housing Distribution
Address Breakdown
Residential
15,714
Single Family
11,669
Multi-Family
4,045
Businesses
581
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cory Nickerson • 8z Real Estate
Mls Name: IRES as distributed by MLS GRID
Mls Provider:
Mls ID: #1058483
Disclaimer: Based on information submitted to the MLS GRID as of 2026-05-08 07:28:06 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#71)