2060 E Sierra Madre AveGilbertAZ85296
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
Investment property for sale in Gilbert at 2060 E Sierra Madre Ave, Gilbert, AZ, 85296 listed at $989,900 pairs $4,692/mo rent with a $4,845/mo payment. Total monthly income runs $4,692/mo. Return on cash invested measures 15.59% in year one, and rental yield registers 5.69% at a $989,900 basis. Equity gained on principal adds $6,388/yr, and annual property appreciation at 5% supports $273,491 by year five. Five-year ROI tracks 79.33% and total cumulative return in cash totals $258,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,692/mo property income relative to a $4,845/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.32 Acres lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85296, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,367 (100%) |
| Owner Occupied HU | 13,363 (72.8%) |
| Renter Occupied HU | 4,439 (24.2%) |
| Vacant Housing Units | 565 ( 3.1%) |
| Median Home Value | $572,403 |
| Average Home Value | $633,075 |
Housing Distribution
Address Breakdown
Residential
18,526
Single Family
13,011
Multi-Family
5,515
Businesses
655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices