2511 W Queen Creek Rd Unit 239ChandlerAZ85248
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 Chandler at 2511 W Queen Creek Rd Unit 239, Chandler, AZ, 85248 uses $124,279 cash to close to unlock $1,906/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $2,375/mo, and a $1,835/mo payment keeps the spread at $159/mo. Purchase price stands at $374,900, and rental yield measures 7.6% with $2,375/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 110.69% and total cumulative return in cash records $137,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,375/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 2016
862 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices