3838 E Thornton 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
Investment property for sale in Gilbert at 3838 E Thornton Ave, Gilbert, AZ, 85297 earns $3,361/mo cash flow from $7,675/mo rent with a $3,573/mo payment. Total monthly income totals $7,675/mo, and annual cash flow totals $40,331/yr on $240,137 capital. ROI tracks 36.86% on current figures, and rental yield reads 12.62% at a $729,900 purchase. Equity gained on principal adds $4,710/yr, and 5% annual appreciation supports $201,658 over five years. Five-year ROI reaches 193.31% and total cumulative return in cash sums $464,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,675/mo property income instead of your personal income.
Single Family
Built in 2001
7,700 sqft lot
$N/A/sqft
No 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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