384 S Ironton Street #409AuroraCO80012
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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 384 S Ironton Street #409, Aurora, CO, 80012 offers a 9.01% rental yield on a $189,000 purchase with $1,419/mo rent. Total monthly income registers $1,419/mo, and a $925/mo payment leaves $318/mo available for distribution. Annual cash flow reaches $3,811/yr on $62,654 to close, and return on cash invested stands at 25.99% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 135.01% and total cumulative return in cash at $84,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,419/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80012, Aurora, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,903 (100%) |
| Owner Occupied HU | 8,709 (43.8%) |
| Renter Occupied HU | 10,092 (50.7%) |
| Vacant Housing Units | 1,102 ( 5.5%) |
| Median Home Value | $461,729 |
| Average Home Value | $535,554 |
Housing Distribution
Address Breakdown
Residential
19,610
Single Family
11,809
Multi-Family
7,801
Businesses
1,165
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