1417 W Lake Mirage CtGilbertAZ85233
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1417 W Lake Mirage Ct, Gilbert, AZ, 85233 in Gilbert is a stable, well-positioned rental at $475,000. Rental yield 7.07%. DSCR 1.31 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $131,234 in value and $4,375/yr in principal paydown builds equity, a total projected return of $169,526.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.0% |
| Monthly Cash Flow | $(167) | $300 |
City averages based on Gilbert market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,800 |
| Total Monthly Debt Service | $2,778 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1991
4,726 sqft lot
$N/A/sqft
$159 monthly HOA
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
Single Family
Built in 1991
4,726 sqft lot
$N/A/sqft
$159 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fuhan Xiang • Desert River Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6902479
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