323 W Olive 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 323 W Olive Ave, Gilbert, AZ, 85233 priced at $475,000 converts $2,512/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,512/mo. Return on cash invested prints 17.65% in year one, and rental yield reads 6.35% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 90.41% and total cumulative return in cash sums $142,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,512/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1979
7,022 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices