1653 W Encinas St,Gilbert,AZ,85233

Investment Highlights

Rental property for sale in Gilbert at 1653 W Encinas St, Gilbert, AZ, 85233 priced at $458,800 pairs $3,161/mo rent with $415/mo cash flow after a $2,246/mo payment. Total monthly income equals $3,161/mo, and annual cash flow comes to $4,975/yr on $152,092 invested. Return on cash invested is 23.18% in year one, and rental yield stands at 8.27% on a $458,800 basis. Equity gained on principal adds $2,961/yr, and 5% annual appreciation accumulates to $126,758 by year five. Five-year ROI measures 120.12% and total cumulative return in cash reaches $182,697. For financing, Ziffy Mortgage’s DSCR program evaluates $3,161/mo property income against a $2,246/mo payment instead of your W2s, 1099s, or Tax returns.