122 W Washington AveGilbertAZ85233
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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 122 W Washington Ave, Gilbert, AZ, 85233 priced at $400,000 converts $4,418/mo rent into $2,053/mo cash flow after a $1,958/mo obligation. Total monthly income equals $4,418/mo, and annual cash flow totals $24,640/yr on $132,600 invested. Return on cash invested prints 38.49% in year one, and rental yield reads 13.25% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 202.15% and total cumulative return in cash sums $268,048. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,418/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Multi Family
Built in 1937
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sophia J Willets • Grace CRE
Mls Name: ARMLS
Mls Provider:
Mls ID: #6804854
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