3891 E Simpson RdGilbertAZ85297
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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 3891 E Simpson Rd, Gilbert, AZ, 85297 uses $199,966 cash to close to unlock $1,729/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $3,788/mo, and a $2,975/mo payment keeps the spread at $144/mo. Purchase price stands at $607,800, and rental yield measures 7.48% with $3,788/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $167,924 over five years. Five-year ROI reaches 108.02% and total cumulative return in cash records $216,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,788/mo property income covering a $2,975/mo payment rather than investor’s personal income.
Single Family
Built in 2001
7,701 sqft lot
$N/A/sqft
$51 monthly 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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