1591 E Elgin StChandlerAZ85225
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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 Chandler at 1591 E Elgin St, Chandler, AZ, 85225 priced at $460,000 converts $3,175/mo rent into $456/mo cash flow after a $2,251/mo obligation. Total monthly income equals $3,175/mo, and annual cash flow totals $5,476/yr on $152,490 invested. Return on cash invested prints 23.5% in year one, and rental yield reads 8.28% against a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,090 by year five. Five-year ROI reaches 121.74% and total cumulative return in cash sums $185,641. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,175/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1988
8,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85225, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 17,193 (58.9%) |
| Renter Occupied HU | 10,784 (36.9%) |
| Vacant Housing Units | 1,235 ( 4.2%) |
| Median Home Value | $446,363 |
| Average Home Value | $476,751 |
Housing Distribution
Address Breakdown
Residential
28,116
Single Family
20,351
Multi-Family
7,765
Businesses
1,438
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Listed by: David Griffin • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6851353
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