1800 W Elliot Rd UNIT 240ChandlerAZ85224
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1800 W Elliot Rd UNIT 240, Chandler, AZ, 85224 in Chandler at $295,000 earns $2,176/mo in rent and nets $123/mo after the $1,327/mo payment, a 8.85% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $81,503 over five years. Ziffy Mortgage underwrites this on a 1.64 DSCR without U.S. credit history. With $2,717/yr in principal paydown, total projected return reaches $120,798.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.2% |
| Monthly Cash Flow | $123 | $1,850 |
City averages based on Chandler market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,176 |
| Total Monthly Debt Service | $1,935 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1987
1,042 sqft lot
$N/A/sqft
$309 monthly 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
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
Townhouse
Built in 1987
1,042 sqft lot
$N/A/sqft
$309 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
