2847 E Baars CtGilbertAZ85297
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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 2847 E Baars Ct, Gilbert, AZ, 85297 earns from $3,451/mo rent with a $2,790/mo payment. Total monthly income totals $3,451/mo. ROI tracks 19.88% on current figures, and rental yield reads 7.27% at a $570,000 purchase. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,480 over five years. Five-year ROI reaches 102.54% and total cumulative return in cash sums $192,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,451/mo property income instead of your personal income.
Single Family
Built in 2008
8,310 sqft lot
$N/A/sqft
$330 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85297, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,268 (100%) |
| Owner Occupied HU | 9,450 (71.2%) |
| Renter Occupied HU | 3,195 (24.1%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $600,496 |
| Average Home Value | $657,694 |
Housing Distribution
Address Breakdown
Residential
12,953
Single Family
9,684
Multi-Family
3,269
Businesses
557
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