Investing in Adams County
Adams County covers 2 rental markets we actively finance in Colorado — Commerce City, Thornton. Across those markets the median investment basis averages $450,000, a long-term lease averages $3,350/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,854. That produces a county-wide average DSCR ratio near 1.17x.
Basis varies more inside Adams County than the average suggests. Commerce City is the lowest entry point at roughly $415,000, while Commerce City currently models the strongest coverage ratio in the county at 1.18x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.