4497 E Carriage WayGilbertAZ85297
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 Gilbert at 4497 E Carriage Way, Gilbert, AZ, 85297 priced at $1,075,000 pairs $4,399/mo rent with after a $5,262/mo payment. Total monthly income equals $4,399/mo. Return on cash invested is 13.23% in year one, and rental yield stands at 4.91% on a $1,075,000 basis. Equity gained on principal adds $6,937/yr, and 5% annual appreciation accumulates to $297,003 by year five. Five-year ROI measures 66.7% and total cumulative return in cash reaches $232,314. For financing, Ziffy Mortgage’s DSCR program evaluates $4,399/mo property income against a $5,262/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.26 Acres 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
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Listed by: Colby Barnes • Citiea
Mls Name: ARMLS
Mls Provider:
Mls ID: #6872912
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