2957 E Erie CtGilbertAZ85295
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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 Gilbert at 2957 E Erie Ct, Gilbert, AZ, 85295 at $515,000 posts ROI 20.69% with $88/mo cash flow from $3,197/mo rent. Total monthly income equals $3,197/mo, and annual cash flow records $1,061/yr on $169,435 to close. Return on cash invested measures 20.69% and rental yield reads 7.45% at the current $515,000. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 by year five. Five-year ROI prints 106.8% and total cumulative return in cash totals $180,949.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,197/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
7,700 sqft lot
$N/A/sqft
$64 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Cassandra J Mueller • Momentum Brokers LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6804031
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