4196 E Bonanza RdGilbertAZ85297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4196 E Bonanza Rd, Gilbert, AZ, 85297 priced at $554,900 converts $3,283/mo rent into after a $2,716/mo obligation. Total monthly income equals $3,283/mo. Return on cash invested prints 19.31% in year one, and rental yield reads 7.1% against a $554,900 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation compiles into $153,309 by year five. Five-year ROI reaches 99.54% and total cumulative return in cash sums $181,716. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,283/mo property income covering a $2,716/mo payment, not borrower’s personal income.
Single Family
Built in 2011
4,952 sqft lot
$N/A/sqft
$349 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandie L Rossing • My Realty Company
Mls Name: ARMLS
Mls Provider:
Mls ID: #6772058
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