2862 E Megan StGilbertAZ85295
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
Rental property for sale in Gilbert at 2862 E Megan St, Gilbert, AZ, 85295 generates $2,217/mo in rent, after a $2,276/mo payment. Total monthly income is $2,217/mo. Return on cash invested sits at 14.76% in year one, and rental yield is 5.72% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 75.24% and total cumulative return in cash sums $115,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,217/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3,813 sqft lot
$N/A/sqft
$130 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Kelly Snyder • KS Sales & Property Management
Mls Name: ARMLS
Mls Provider:
Mls ID: #6871362
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