2024 E Cherry Hills PlChandlerAZ85249
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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 2024 E Cherry Hills Pl, Chandler, AZ, 85249 listed at $640,000 pairs $2,791/mo rent with a $3,132/mo payment. Total monthly income runs $2,791/mo. Return on cash invested measures 14.16% in year one, and rental yield registers 5.23% at a $640,000 basis. Equity gained on principal adds $4,130/yr, and annual property appreciation at 5% supports $176,820 by year five. Five-year ROI tracks 71.7% and total cumulative return in cash totals $150,978. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,791/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
9,248 sqft lot
$N/A/sqft
$131 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85249, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,391 (100%) |
| Owner Occupied HU | 15,282 (83.1%) |
| Renter Occupied HU | 1,931 (10.5%) |
| Vacant Housing Units | 1,178 ( 6.4%) |
| Median Home Value | $627,765 |
| Average Home Value | $684,460 |
Housing Distribution
Address Breakdown
Residential
17,923
Single Family
10,544
Multi-Family
7,379
Businesses
245
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