Commerce City has seen rapid growth in population and housing in the last twenty years. Historically the area was known as a junction for railroads and highways and the home of Colorado’s largest oil refineries, but with the recent population growth there has been a major focus on adding parks and neighborhoods to support more people.
Main attractions to the city are Rocky Mountain Arsenal National Wildlife Refuge, Dicks Sporting Goods Park and Pioneer Park.
Master planned neighborhoods are taking over the area, providing beautiful housing with great amenities. There are also smaller, 1950 ranch builds modestly priced in the south part of the city.
Reach out to a FI Team Agent to learn more about short term renal opportunities in Commerce City.
Number of STRs an owner can occupy
A perfect middle ground between the income potential of a short-term rental and the stability of a long-term rental. Mid-term rentals are furnished units that are rented to guests for 30+ days. People who seek out mid-term rentals are traveling nurses and professionals on temporary assignment or people displaced from their homes for a duration of time. It’s become a popular investment strategy because in many areas, like Commerce City there is no rental license required. Use services like AirDNA to calculate what your potential rents could be.
Year over year increase in MTR nights sold
No license required for rentals
The “rent by the room” investment strategy involves renting out individual rooms within a single property, such as a house or apartment, rather than leasing the entire unit to a single tenant. This approach has gained traction as it allows investors to maximize rental income by catering to multiple tenants simultaneously. Each tenant pays for their designated room and shares common areas like kitchens and living rooms. This is a popular strategy among house hackers who choose to rent out the rooms in the house they are living in. In Commerce City you’re legally able to house 3 unrelated people in one rental unit.
Average Room Rent
Primary Room Rent
Long-term rentals are a smart strategy for a more hands-off approach and a buy and hold mindset. In an appreciating market, like Commerce City, if the property’s rent can cover the mortgage, plus an additional 10% for vacancies and repairs, then you’re property is increasing in value the longer you hold it. Check out the latest rent estimates on Rent-O-Meter or Zillow to see what your property might get for rents.
Avg. Rent 3 bed / 2 bath
Avg. Rent 2 bed / 1 bath
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