1417 W Lake Mirage CtGilbertAZ85233
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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
Rental property for sale in Gilbert at 1417 W Lake Mirage Ct, Gilbert, AZ, 85233 generates $2,800/mo in rent, after a $2,325/mo payment. Total monthly income is $2,800/mo. Return on cash invested sits at 18.64% in year one, and rental yield is 7.07% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 96.11% and total cumulative return in cash sums $151,339. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
4,726 sqft lot
$N/A/sqft
$159 monthly HOA
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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