2224 W Highland StChandlerAZ85224
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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
Rental property for sale in Chandler at 2224 W Highland St, Chandler, AZ, 85224 generates $2,730/mo in rent, after a $2,506/mo payment. Total monthly income is $2,730/mo. Return on cash invested sits at 17.96% in year one, and rental yield is 6.4% on a $511,900 entry. Equity gained on principal adds $3,303/yr, while 5% annual appreciation builds toward $141,429 over five years. Five-year ROI reaches 91.97% and total cumulative return in cash sums $154,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,730/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
7,775 sqft lot
$N/A/sqft
No 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: James Nelson • The Maricopa Real Estate Co
Mls Name: ARMLS
Mls Provider:
Mls ID: #6796219
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