Rent report generated Dec 13, 2024
The Rent Potential of
1517 S Elkhart St Aurora, CO 80012
home
is $2,535 – $3,075/mo.
Current Specs
3 Bed / 2.5 Bath
1,764 sqft
Single-Family
Built in 1982
Rent Comps
$2,145
$2,810
$3,090
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
11 Listings
3 Bed / 2.5 Bath
1,500 - 2,017 sqft
Within 3.8 mi
Avg. Monthly Rent$2,773
Rent Advice
The property's rent potential ranges from $2,535 to $3,075 monthly, based on comparable data. With three bedrooms and 2.5 baths, it's a sizable option in Willow Park, Aurora. The tri-level design and modern amenities like a basement, central air conditioning, and hardwood floors enhance its appeal. Current market conditions in Aurora show steady growth, yet the payback period may extend due to moderate rental rates. Unique features include a fenced yard and proximity to public transit, but competition in the neighborhood could be a challenge.
To increase rental income, consider cosmetic upgrades like fresh paint or updated fixtures. If selling, highlight the property's tri-level design and modern amenities. Landscaping improvements can enhance curb appeal and attract quality tenants. Additionally, offering incentives like reduced rent for signing a longer lease might appeal to potential renters. Ultimately, staying competitive with nearby listings will be crucial in achieving maximum rental potential.
What's Next?
Generate another report to compare more investment options.
1517 S Elkhart St
Generate the Sell Potential of this home.
See what you could sell for based on similar properties.
Search for another property
Enter any address...
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.