2296 S Pitkin Way Unit AAuroraCO80013
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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
Rental property for sale in Aurora at 2296 S Pitkin Way Unit A, Aurora, CO, 80013 priced at $279,900 pairs $2,039/mo rent with $45/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,039/mo, and annual cash flow comes to $537/yr on $92,787 invested. Return on cash invested is 20.49% in year one, and rental yield stands at 8.74% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 107.18% and total cumulative return in cash reaches $99,445. For financing, Ziffy Mortgage’s DSCR program evaluates $2,039/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
436 sqft lot
$N/A/sqft
$363 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80013, Aurora, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,576 (100%) |
| Owner Occupied HU | 18,859 (71.0%) |
| Renter Occupied HU | 6,986 (26.3%) |
| Vacant Housing Units | 731 ( 2.8%) |
| Median Home Value | $520,533 |
| Average Home Value | $575,621 |
Housing Distribution
Address Breakdown
Residential
26,194
Single Family
22,182
Multi-Family
4,012
Businesses
316
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Listed by: Kyndra Gallegos • Real Broker, LLC DBA Real
Mls Name: REcolorado
Mls Provider:
Mls ID: #8454528
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)