1001 N Burk StGilbertAZ85234
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 Gilbert at 1001 N Burk St, Gilbert, AZ, 85234 generates $2,773/mo in rent, after a $2,932/mo payment. Total monthly income is $2,773/mo. Return on cash invested sits at 15.38% in year one, and rental yield is 5.56% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 78.2% and total cumulative return in cash sums $154,102. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,773/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85234, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,206 (100%) |
| Owner Occupied HU | 13,386 (73.5%) |
| Renter Occupied HU | 4,096 (22.5%) |
| Vacant Housing Units | 724 ( 4.0%) |
| Median Home Value | $577,190 |
| Average Home Value | $657,257 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
15,333
Multi-Family
2,282
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard L Norman • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6802392
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010