Capitol Hill

A dense, historic neighborhood next to downtown with a consistent renter pool and little new-construction risk, offering Denver's more attainable balance of yield and stability.

Condo/older multi-unit stock with HOA costs - scrutinize fees; verify STR rules. Returns depend on buying right. Denver has cooled to a more balanced market with rising inventory - underwrite for modest appreciation, and note the city's primary-residence requirement for short-term rentals.

Buy-and-hold investors who want a fully developed area with a deep, stable renter pool.