1800 W Elliot Rd UNIT 237ChandlerAZ85224
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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 237, Chandler, AZ, 85224 listed at $272,000 pairs $1,835/mo rent with a $1,331/mo payment to leave $227/mo cash flow. Total monthly income runs $1,835/mo, and annual cash flow reaches $2,730/yr on $90,168 cash to close. Return on cash invested measures 22.94% in year one, and rental yield registers 8.1% at a $272,000 basis. Equity gained on principal adds $1,755/yr, and annual property appreciation at 5% supports $75,149 by year five. Five-year ROI tracks 118.73% and total cumulative return in cash totals $107,057. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,835/mo property income relative to a $1,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1987
904 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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