23863 & 23889 E 128th AvenueCommerce CityCO80022
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Commerce City at 23863 & 23889 E 128th Avenue, Commerce City, CO, 80022 projects strong ROI of 7.32%. Rental yield 2.66%. With 5% annual appreciation, the property builds $552,563 in value over five years. Equity growth combined delivers a projected five-year ROI of 51.47%, translating into $290,784 in total cumulative return on $565,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 5.2% |
| Monthly Cash Flow | $(7,218) | $850 |
City averages based on Commerce City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,438 |
| Total Monthly Debt Service | $10,860 |
| DSCR Ratio | 0.41x |
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.
Manufactured
Built in 2000
55.68 Acres lot
$N/A/sqft
No 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
Manufactured
Built in 2000
55.68 Acres lot
$N/A/sqft
No 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: Katherine Phillips • Queen City Properties
Mls Name: REcolorado
Mls ID: #8775137