1014 S Porter StGilbertAZ85296
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 1014 S Porter St, Gilbert, AZ, 85296 offers $3,955/mo rent that, after a $3,274/mo payment. Total monthly income is $3,955/mo. Return on cash invested measures 19.77% in year one, and rental yield stands at 7.09% at a $669,000 entry. Equity gained on principal adds $4,317/yr while 5% annual appreciation compounds into $184,832 by year five. Five-year ROI records 101.8% and total cumulative return in cash reaches $224,055. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,955/mo property income versus a $3,274/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
7,794 sqft lot
$N/A/sqft
$164 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85296, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,367 (100%) |
| Owner Occupied HU | 13,363 (72.8%) |
| Renter Occupied HU | 4,439 (24.2%) |
| Vacant Housing Units | 565 ( 3.1%) |
| Median Home Value | $572,403 |
| Average Home Value | $633,075 |
Housing Distribution
Address Breakdown
Residential
18,526
Single Family
13,011
Multi-Family
5,515
Businesses
655
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