1287 N Alma School Rd UNIT 259ChandlerAZ85224
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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 Chandler at 1287 N Alma School Rd UNIT 259, Chandler, AZ, 85224 offers a 9.98% rental yield on a $209,000 purchase with $1,738/mo rent. Total monthly income registers $1,738/mo, and a $1,023/mo payment leaves $503/mo available for distribution. Annual cash flow reaches $6,030/yr on $69,284 to close, and return on cash invested stands at 28.61% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 149.18% and total cumulative return in cash at $103,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,738/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 2001
802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85224, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,597 (100%) |
| Owner Occupied HU | 11,053 (56.4%) |
| Renter Occupied HU | 7,740 (39.5%) |
| Vacant Housing Units | 804 ( 4.1%) |
| Median Home Value | $453,989 |
| Average Home Value | $508,219 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
12,694
Multi-Family
7,196
Businesses
1,106
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