23525 E Platte Drive Unit 10bAuroraCO80016
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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 23525 E Platte Drive Unit 10b, Aurora, CO, 80016 offers a 9.27% rental yield on a $394,000 purchase with $3,043/mo rent. Total monthly income registers $3,043/mo, and a $1,928/mo payment leaves $283/mo available for distribution. Annual cash flow reaches $3,392/yr on $130,611 to close, and return on cash invested stands at 22.51% in year one. Equity gained on principal adds $2,542/yr while 5% annual appreciation supports $108,855 over five years. Portfolio math shows five-year ROI at 117.85% and total cumulative return in cash at $153,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,043/mo property income against a $1,928/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$418 monthly 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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Listed by: Francisco Talavera-Ruiz • Keller Williams Realty Downtown LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #2071785
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)