3552 E Claxton AveGilbertAZ85297
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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 3552 E Claxton Ave, Gilbert, AZ, 85297 priced at $660,000 converts $3,405/mo rent into after a $3,230/mo obligation. Total monthly income equals $3,405/mo. Return on cash invested prints 17.06% in year one, and rental yield reads 6.19% against a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation compiles into $182,346 by year five. Five-year ROI reaches 87.24% and total cumulative return in cash sums $189,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,405/mo property income covering a $3,230/mo payment, not borrower’s personal income.
Single Family
Built in 2001
7,535 sqft lot
$N/A/sqft
$143 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85297, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,268 (100%) |
| Owner Occupied HU | 9,450 (71.2%) |
| Renter Occupied HU | 3,195 (24.1%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $600,496 |
| Average Home Value | $657,694 |
Housing Distribution
Address Breakdown
Residential
12,953
Single Family
9,684
Multi-Family
3,269
Businesses
557
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Listed by: Deanna McCarty • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6804320
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