Rental Property Underwriting in Denver, CO
Low property tax but high price-to-rent; appreciation-first.
Typical SFR price
$550,000 – $680,000
3-bed rent (monthly)
$2,500 – $3,100
Effective property-tax rate
0.50% – 0.65%
Insurance (annual, ~$300k SFR)
$1,400 – $2,200
Gross rent-to-price (monthly)
0.42% – 0.52%
Landlord-tenant climate
balanced
Ranges compiled from Zillow, Redfin, and county assessor public data. Last reviewed 2025-10. Use as directional inputs, not appraisals.
What makes underwriting in Denver different
- 2020 Gallagher-repeal ended residential assessment protection — model rising taxes.
- HOA fees on newer construction commonly $200-$400/mo.
- Wildfire-adjacent submarkets face insurance non-renewals.
Quick worked example
Mid-range Denver deal: $615,000 purchase, $2,800/mo rent → gross yield 5.46%. Whether that cash-flows depends on your rate, down payment, taxes at post-sale assessment, and insurance quote — not the metro average.
Other US markets we cover
Rental underwriting in Atlanta, GA →Rental underwriting in Charlotte, NC →Rental underwriting in Raleigh, NC →Rental underwriting in Tampa, FL →Rental underwriting in Orlando, FL →Rental underwriting in Jacksonville, FL →Rental underwriting in Phoenix, AZ →Rental underwriting in Las Vegas, NV →Rental underwriting in Dallas, TX →Rental underwriting in Houston, TX →Rental underwriting in Austin, TX →Rental underwriting in San Antonio, TX →
Educational content only, not investment or legal advice. Verify all numbers with local professionals before making an offer.