317 E Harwell RdGilbertAZ85234
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 317 E Harwell Rd, Gilbert, AZ, 85234 priced at $445,000 pairs $2,885/mo rent with $255/mo cash flow after a $2,178/mo payment. Total monthly income equals $2,885/mo, and annual cash flow comes to $3,055/yr on $147,518 invested. Return on cash invested is 21.98% in year one, and rental yield stands at 7.78% on a $445,000 basis. Equity gained on principal adds $2,872/yr, and 5% annual appreciation accumulates to $122,945 by year five. Five-year ROI measures 113.59% and total cumulative return in cash reaches $167,564. For financing, Ziffy Mortgage’s DSCR program evaluates $2,885/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
7,536 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85234, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,206 (100%) |
| Owner Occupied HU | 13,386 (73.5%) |
| Renter Occupied HU | 4,096 (22.5%) |
| Vacant Housing Units | 724 ( 4.0%) |
| Median Home Value | $577,190 |
| Average Home Value | $657,257 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
15,333
Multi-Family
2,282
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
