1612 E Barbarita AveGilbertAZ85234
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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 Gilbert at 1612 E Barbarita Ave, Gilbert, AZ, 85234 with 5% annual appreciation on a $420,000 basis while $2,434/mo rent supports operations. 75% in year one. Equity gained on principal adds $2,710/yr, and five-year appreciation sums $116,038 alongside rental yield of 6.95%. Five-year ROI measures 96.54% and total cumulative return in cash totals $134,407. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,434/mo property income versus a $2,056/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
5,959 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85234, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,206 (100%) |
| Owner Occupied HU | 13,386 (73.5%) |
| Renter Occupied HU | 4,096 (22.5%) |
| Vacant Housing Units | 724 ( 4.0%) |
| Median Home Value | $577,190 |
| Average Home Value | $657,257 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
15,333
Multi-Family
2,282
Businesses
800
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Listed by: Jeffrey B. Newton • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853413
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