1633 E Lakeside Dr UNIT 38GilbertAZ85234
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
Investment Highlights
Investment property for sale in Gilbert at 1633 E Lakeside Dr UNIT 38, Gilbert, AZ, 85234 listed at $395,000 pairs $1,895/mo rent with a $1,933/mo payment. Total monthly income runs $1,895/mo. Return on cash invested measures 12.14% in year one, and rental yield registers 5.76% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 62.19% and total cumulative return in cash totals $81,438. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,895/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1990
875 sqft lot
$N/A/sqft
$408 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler D Whitmore • Affinity Home Assets LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6845158
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