ZIP CODE 80015 // DENVER-AURORA-LAKEWOOD, CO // DATA AS OF 2026-09-30
Centennial, CO (80015) Rental Property Cap Rate & Cash Flow Report
Located in Arapahoe County (Centennial, CO), Zip Code 80015 ranks #115 of 500 within this selected sample (77th percentile) with a Zillow ZHVI typical home-value index of $535,704 (-1.3% YoY) and a ZORI observed market rent of $2,679/mo (+0.6% YoY). Requires at least 44.2% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$820/mo
Annual: -$9,841/yr
Modeled Cap Rate
4.23%
NOI: $22,665/yr
Cash-on-Cash Return
-7.99%
Cash Needed: $123,212
1% Rule Ratio
0.50%
Gross Yield: 6.00%
Break-Even Rent
$3,622/mo
State Tax: 0.49%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 80015 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CO Avg 0.49%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,709/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$790/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (80015)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $514,229 | $2,317/mo | 5.41% |
| 2022 | $582,429 | $2,483/mo | 5.12% |
| 2023 | $558,387 | $2,571/mo | 5.53% |
| 2024 | $563,156 | $2,641/mo | 5.63% |
| 2025 | $542,810 | $2,663/mo | 5.89% |
| 2026 | $535,704 | $2,679/mo | 6.00% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 80022 Commerce City, CO | $462,343 | $2,504/mo | 4.66% | -$541/mo |
| 80013 Aurora, CO | $454,276 | $1,911/mo | 3.40% | -$1,009/mo |
| 80504 Longmont, CO | $569,219 | $2,082/mo | 2.83% | -$1,537/mo |
| 80634 Greeley, CO | $440,487 | $1,563/mo | 2.71% | -$1,231/mo |
| 80134 Parker, CO | $665,489 | $2,343/mo | 2.69% | -$1,876/mo |
| 80016 Aurora, CO | $730,188 | $2,002/mo | 1.87% | -$2,553/mo |