2684 E 97th AvenueThorntonCO80229
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2684 E 97th Avenue, Thornton, CO, 80229 in Thornton at $529,000 earns $3,106/mo in rent and nets $23/mo after the $2,379/mo payment, a 7.04% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $146,153 over five years. Ziffy Mortgage underwrites this on a 1.31 DSCR without U.S. credit history. With $4,872/yr in principal paydown, total projected return reaches $201,262.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 5.8% |
| Monthly Cash Flow | $23 | $285 |
City averages based on Thornton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,106 |
| Total Monthly Debt Service | $2,872 |
| 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 1974
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80229, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 11,513 (58.6%) |
| Renter Occupied HU | 7,336 (37.4%) |
| Vacant Housing Units | 790 ( 4.0%) |
| Median Home Value | $446,679 |
| Average Home Value | $440,243 |
Housing Distribution
Address Breakdown
Residential
19,130
Single Family
13,881
Multi-Family
5,249
Businesses
1,222
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 1974
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80229, Denver, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,639 (100%) |
| Owner Occupied HU | 11,513 (58.6%) |
| Renter Occupied HU | 7,336 (37.4%) |
| Vacant Housing Units | 790 ( 4.0%) |
| Median Home Value | $446,679 |
| Average Home Value | $440,243 |
Housing Distribution
Address Breakdown
Residential
19,130
Single Family
13,881
Multi-Family
5,249
Businesses
1,222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices