2387 E Runaway Bay Pl,Gilbert,AZ,85298

Investment Highlights

Investment property for sale in Gilbert at 2387 E Runaway Bay Pl, Gilbert, AZ, 85298 uses $238,525 cash to close to unlock $1,031/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $4,480/mo, and a $3,549/mo payment keeps the spread at $86/mo. Purchase price stands at $725,000, and rental yield measures 7.42% with $4,480/mo rent. Return on cash invested shows 20.49% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 105.76% and total cumulative return in cash records $252,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,480/mo property income covering a $3,549/mo payment rather than investor’s personal income.