28408 E 5th PlaceWatkinsCO80137
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 28408 E 5th Place, Watkins, CO, 80137 in Watkins fits: $564,400, 0% gross yield, and a projected 5% annual appreciation rate adding $155,933 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Watkins market data in our database. Property projections are estimates.
Single Family
Built in 2026
4,966 sqft lot
$N/A/sqft
$150 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80137, Watkins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 600 (82.9%) |
| Renter Occupied HU | 78 (10.8%) |
| Vacant Housing Units | 46 ( 6.4%) |
| Median Home Value | $632,669 |
| Average Home Value | $643,117 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
561
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2026
4,966 sqft lot
$N/A/sqft
$150 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80137, Watkins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 600 (82.9%) |
| Renter Occupied HU | 78 (10.8%) |
| Vacant Housing Units | 46 ( 6.4%) |
| Median Home Value | $632,669 |
| Average Home Value | $643,117 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
561
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tom Ullrich • RE/MAX Professionals
Mls Name: REcolorado as distributed by MLS GRID
Mls Provider:
Mls ID: #1680797
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