1825 W Ray Rd APT 2074ChandlerAZ85224
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
Investment Highlights
Total monthly income runs $1,348/mo, and a $1,317/mo payment. Purchase price stands at $269,000, and rental yield measures 6.01% with $1,348/mo rent. Return on cash invested shows 12.49% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 64.22% and total cumulative return in cash records $57,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Apartment
Built in 1989
965 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
Listed by: Michael Ratzken • Two Brothers Realty & Co
Mls Name: ARMLS
Mls Provider:
Mls ID: #6855062
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