1825 W Ray Rd APT 1083ChandlerAZ85224
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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 1825 W Ray Rd APT 1083, Chandler, AZ, 85224 earns from $1,738/mo rent with a $1,368/mo payment. Total monthly income totals $1,738/mo. ROI tracks 17.03% on current figures, and rental yield reads 7.46% at a $279,500 purchase. Equity gained on principal adds $1,804/yr, and 5% annual appreciation supports $77,221 over five years. Five-year ROI reaches 88.49% and total cumulative return in cash sums $81,992. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,738/mo property income instead of your personal income.
Condo
Built in 1989
677 sqft lot
$N/A/sqft
$308 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
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Listed by: Brandon Maggiano • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6887589
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