42 S Nevada Way, Gilbert, AZ, 85233 | 6.43% Rental Yield

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1957 sft

16624 E Gunsight Dr, Fountain Hills, AZ, 85268

2 Bed
2 Bath
1399 sft

16107 E Emerald Dr APT 112, Fountain Hills, AZ, 85268

2 Bed
2 Bath
1560 sft

13815 N Mirage Heights Ct #211, Fountain Hills, AZ, 85268

3 Bed
3 Bath
1685 sft

11022 N Indigo Dr APT 128, Fountain Hills, AZ, 85268

Nearby investment properties with comparable prices

4 Bed
4 Bath
3127 sft

10236 E Utah Ave, Mesa, AZ, 85212

4 Bed
4 Bath
3077 sft

Mint Plan, Empire Pointe, Queen Creek, AZ, 85142

Turquoise Plan, Hawes Crossing Encore Collection

5 Bed
4 Bath
3568 sft

Turquoise Plan, Hawes Crossing Encore Collection, Mesa, AZ, 85212

Monetta Plan, Preserve at San Tan - Sonoran Collection

5 Bed
5 Bath
3504 sft

Monetta Plan, Preserve at San Tan - Sonoran Collection, San Tan Valley, AZ, 85144

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Gilbert at 42 S Nevada Way, Gilbert, AZ, 85233 with 5% annual appreciation on a $789,000 basis while $4,228/mo rent supports operations. 51% in year one. Equity gained on principal adds $5,091/yr, and five-year appreciation sums $217,986 alongside rental yield of 6.43%. Five-year ROI measures 89.78% and total cumulative return in cash totals $233,050. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,228/mo property income versus a $3,862/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2001

7,800 sqft lot

$N/A/sqft

$345 quarterly HOA