7844 S Elk StreetAuroraCO80016
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7844 S Elk Street, Aurora, CO, 80016 priced at $692,000 converts $4,448/mo rent into $345/mo cash flow after a $3,387/mo obligation. Total monthly income equals $4,448/mo, and annual cash flow totals $4,142/yr on $227,668 invested. Return on cash invested prints 21.88% in year one, and rental yield reads 7.71% against a $692,000 entry. Equity gained on principal adds $4,465/yr, while 5% annual appreciation compiles into $191,187 by year five. Five-year ROI reaches 113.05% and total cumulative return in cash sums $257,376. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,448/mo property income covering a $3,387/mo payment, not borrower’s personal income.
Single Family
Built in 2015
5,565 sqft lot
$N/A/sqft
$70 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Euna Klein • Your Castle Realty LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #4619683
Disclaimer: 2025 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)