11304 Elm DriveThorntonCO80233
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $488,000, 11304 Elm Drive, Thornton, CO, 80233 in Thornton generates $2,885/mo in rent (7.09% yield) but nets only $17/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.31) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $134,825. Total projected return: $185,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 5.8% |
| Monthly Cash Flow | $17 | $285 |
City averages based on Thornton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,885 |
| Total Monthly Debt Service | $2,673 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1985
3,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80233, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 10,660 (61.4%) |
| Renter Occupied HU | 5,817 (33.5%) |
| Vacant Housing Units | 884 ( 5.1%) |
| Median Home Value | $489,335 |
| Average Home Value | $547,698 |
Housing Distribution
Address Breakdown
Residential
17,868
Single Family
13,379
Multi-Family
4,489
Businesses
1,061
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 1985
3,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80233, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 10,660 (61.4%) |
| Renter Occupied HU | 5,817 (33.5%) |
| Vacant Housing Units | 884 ( 5.1%) |
| Median Home Value | $489,335 |
| Average Home Value | $547,698 |
Housing Distribution
Address Breakdown
Residential
17,868
Single Family
13,379
Multi-Family
4,489
Businesses
1,061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Aragon • Aragon Realty Group
Mls Name: REcolorado
Mls Provider:
Mls ID: #3455178
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)