2437 S Racine LnGilbertAZ85295
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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 Gilbert at 2437 S Racine Ln, Gilbert, AZ, 85295 listed at $870,000 pairs $4,060/mo rent with a $4,258/mo payment. Total monthly income runs $4,060/mo. Return on cash invested measures 15.19% in year one, and rental yield registers 5.6% at a $870,000 basis. Equity gained on principal adds $5,614/yr, and annual property appreciation at 5% supports $240,365 by year five. Five-year ROI tracks 77.26% and total cumulative return in cash totals $221,137. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,060/mo property income relative to a $4,258/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.30 Acres lot
$N/A/sqft
$237 quarterly HOA
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Listed by: Kyle Kinnaman • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6779508
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