3922 E Canyon PlChandlerAZ85249
Nearby investment properties with comparable rents
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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 Chandler at 3922 E Canyon Pl, Chandler, AZ, 85249 offers $4,310/mo rent that, after a $3,572/mo payment. Total monthly income is $4,310/mo. Return on cash invested measures 19.51% in year one, and rental yield stands at 7.09% at a $729,800 entry. Equity gained on principal adds $4,709/yr while 5% annual appreciation compounds into $201,630 by year five. Five-year ROI records 100.52% and total cumulative return in cash reaches $241,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,310/mo property income versus a $3,572/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
7,414 sqft lot
$N/A/sqft
$106 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85249, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,391 (100%) |
| Owner Occupied HU | 15,282 (83.1%) |
| Renter Occupied HU | 1,931 (10.5%) |
| Vacant Housing Units | 1,178 ( 6.4%) |
| Median Home Value | $627,765 |
| Average Home Value | $684,460 |
Housing Distribution
Address Breakdown
Residential
17,923
Single Family
10,544
Multi-Family
7,379
Businesses
245
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Listed by: Aileen Wong • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6780338
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