4353 E Santa Fe CtGilbertAZ85297
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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 4353 E Santa Fe Ct, Gilbert, AZ, 85297 uses $303,996 cash to close to unlock $25,159/yr annual cash flow and $2,097/mo monthly cash flow. Total monthly income runs $7,675/mo, and a $4,523/mo payment keeps the spread at $2,097/mo. Purchase price stands at $924,000, and rental yield measures 9.97% with $7,675/mo rent. Return on cash invested shows 28.34% in year one, and 5% annual appreciation builds toward $255,284 over five years. Five-year ROI reaches 147.8% and total cumulative return in cash records $449,303. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,675/mo property income covering a $4,523/mo payment rather than investor’s personal income.
Single Family
Built in 2005
10,166 sqft lot
$N/A/sqft
$348 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
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Listed by: Scott Cook • RE/MAX Solutions
Mls Name: ARMLS
Mls Provider:
Mls ID: #6796239
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