310 W Aspen AveGilbertAZ85233
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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 Gilbert at 310 W Aspen Ave, Gilbert, AZ, 85233 priced at $415,000 converts $2,651/mo rent into $198/mo cash flow after a $2,031/mo obligation. Total monthly income equals $2,651/mo, and annual cash flow totals $2,377/yr on $137,573 invested. Return on cash invested prints 21.64% in year one, and rental yield reads 7.67% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 111.77% and total cumulative return in cash sums $153,765. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,651/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 1978
7,004 sqft lot
$N/A/sqft
No HOA
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Listed by: Tara Jones • Opendoor Brokerage, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6802261
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