1800 W Elliot Rd UNIT 227ChandlerAZ85224
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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 Chandler at 1800 W Elliot Rd UNIT 227, Chandler, AZ, 85224 uses $104,423 cash to close to unlock $7,869/yr annual cash flow and $656/mo monthly cash flow. Total monthly income runs $2,518/mo, and a $1,542/mo payment keeps the spread at $656/mo. Purchase price stands at $315,000, and rental yield measures 9.59% with $2,518/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 142.88% and total cumulative return in cash records $149,201. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,518/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Townhouse
Built in 1996
1,030 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85224, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,597 (100%) |
| Owner Occupied HU | 11,053 (56.4%) |
| Renter Occupied HU | 7,740 (39.5%) |
| Vacant Housing Units | 804 ( 4.1%) |
| Median Home Value | $453,989 |
| Average Home Value | $508,219 |
Housing Distribution
Address Breakdown
Residential
19,890
Single Family
12,694
Multi-Family
7,196
Businesses
1,106
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