847 E 98th Avenue #1806ThorntonCO80229
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 847 E 98th Avenue #1806, Thornton, CO, 80229 in Thornton clears it at 1.62, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 8.74%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $92,554; $3,085/yr in principal equity; total projected return: $124,393.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.8% |
| Monthly Cash Flow | $(72) | $285 |
City averages based on Thornton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,441 |
| Total Monthly Debt Service | $2,379 |
| DSCR Ratio | 1.03x |
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.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$500 monthly 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
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$500 monthly 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
Listed by: Marcy Moore • Keller Williams Preferred Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #8594613
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)