These Denver Neighborhoods Bring In The Most Return On Investment

Dated: 10/21/2019

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Image titleAccording to a recent analysis from the Denver Business Journal, the average Denver County home has produced dramatically higher returns on investment over the past ten years when compared to the rest of the country.

The Business Journal’s study tracked home values from August 2009 through August of this year and applied a hypothetical scenario in which homebuyers entered the market with 10% down payment. Under that scenario, the median return for thousands of zip codes across the U.S. equated to about 214% for buyers, with some 12,885 of those locations appreciating in value, with a median price change of 31%.

Homes in Denver County far surpassed those numbers. Neighborhoods in the county with the best 10-year return on investment saw an ROI of 1,653%, while the neighborhood with the lowest return out of 26 zip codes in the county still saw an ROI of 385%.

Denver’s top-performing zip code was 80239, Montbello, which is adjacent to the Rocky Mountain Arsenal National Wildlife Refuge and just east of Stapleton. It’s worth noting that this neighborhood had the lowest median home value in 2009 of the 25 other zip codes in the county at $116,100. A decade later, that median home value jumped to $319,600.

Lowry Field had the highest median home value in 2009 at $472,900 but experienced the lowest return on investment over the next 10 years at 385%, which is still significantly higher than the national average. The median home value in Lowry today is $700,800.

Other top neighborhoods, in terms of return on investments, include Lincoln Park (1,598%), Athmar Park (1,519%), Mar Lee (1,512%) and Whittier (1,214%).

A full list of neighborhoods with the best ROI over the past 10 years can be found below. If you’re interested in checking out any of these exciting areas, give Metrowest a shout – we’d love to show you around!

Lowry Field – 385% ROI

University – 679% ROI

West Highland – 897% ROI

Stapleton – 438% ROI

Cheesman Park – 694% ROI

Harvey Park South – 899% ROI

Marston – 598% ROI

Congress Park – 725%

Highland – 945% ROI

Indian Creek/Hamden – 600% ROI

Washington Virginia Vale – 730% ROI

Green Valley Ranch/DIA – 1104% ROI

Washington Park – 600% ROI

Montclair – 749% ROI

North Park Hill – 1128% ROI

Hamden South - 602% ROI

Capitol Hill – 750% ROI

Whittier – 1214%

Dayton Triangle – 660% ROI

Glendale – 815% ROI

Academy Park – 664% ROI

Goldsmith – 821% ROI

Blog author image

Tucker Steen

Tucker has taken his passion for the city of Denver and helping people achieve their goals and applied them to the vibrant real estate market in the Denver metro area. Attending the University of ....

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