16340 E Fremont Avenue #6AuroraCO80016
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Aurora at 16340 E Fremont Avenue #6, Aurora, CO, 80016 uses $104,423 cash to close to unlock $6,816/yr annual cash flow and $568/mo monthly cash flow. Total monthly income runs $2,404/mo, and a $1,542/mo payment keeps the spread at $568/mo. Purchase price stands at $315,000, and rental yield measures 9.16% with $2,404/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 137.35% and total cumulative return in cash records $143,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,404/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80016, Aurora, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,324 (100%) |
| Owner Occupied HU | 19,395 (73.7%) |
| Renter Occupied HU | 5,767 (21.9%) |
| Vacant Housing Units | 1,162 ( 4.4%) |
| Median Home Value | $734,481 |
| Average Home Value | $781,173 |
Housing Distribution
Address Breakdown
Residential
25,837
Single Family
20,698
Multi-Family
5,139
Businesses
668
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