1953 E Lafayette Ave,Gilbert,AZ,85298

Investment Highlights

Investment property for sale in Gilbert at 1953 E Lafayette Ave, Gilbert, AZ, 85298 offers a 8.1% rental yield on a $650,000 purchase with $4,385/mo rent. Total monthly income registers $4,385/mo, and a $3,181/mo payment leaves $447/mo available for distribution. Annual cash flow reaches $5,358/yr on $213,850 to close, and return on cash invested stands at 22.57% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 116.89% and total cumulative return in cash at $249,962. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,385/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.