2511 W Queen Creek Rd UNIT 147ChandlerAZ85248
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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 2511 W Queen Creek Rd UNIT 147, Chandler, AZ, 85248 generates $2,375/mo in rent, after a $2,154/mo payment. Total monthly income is $2,375/mo. Return on cash invested sits at 14.37% in year one, and rental yield is 6.48% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 74.1% and total cumulative return in cash sums $108,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,375/mo property income rather than buyer’s personal income.
Apartment
Built in 2018
1,010 sqft lot
$N/A/sqft
$447 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85248, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,653 (100%) |
| Owner Occupied HU | 14,199 (72.2%) |
| Renter Occupied HU | 3,336 (17.0%) |
| Vacant Housing Units | 2,118 (10.8%) |
| Median Home Value | $532,336 |
| Average Home Value | $593,668 |
Housing Distribution
Address Breakdown
Residential
20,209
Single Family
13,742
Multi-Family
6,467
Businesses
968
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Listed by: Brenna Carmazzi • Statesman Sales and Marketing, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6847082
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