1037 E Baylor LnGilbertAZ85296
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
Investment property for sale in Gilbert at 1037 E Baylor Ln, Gilbert, AZ, 85296 earns from $2,664/mo rent with a $2,472/mo payment. Total monthly income totals $2,664/mo. ROI tracks 17.4% on current figures, and rental yield reads 6.33% at a $505,000 purchase. Equity gained on principal adds $3,259/yr, and 5% annual appreciation supports $139,522 over five years. Five-year ROI reaches 89.12% and total cumulative return in cash sums $148,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,664/mo property income instead of your personal income.
Single Family
Built in 1998
6,604 sqft lot
$N/A/sqft
$142 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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Listed by: George Laughton • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6882401
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