501 E Ray Rd LOT 230ChandlerAZ85225
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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 Chandler at 501 E Ray Rd LOT 230, Chandler, AZ, 85225 uses $54,035 cash to close to unlock $3,843/yr annual cash flow and $320/mo monthly cash flow. Total monthly income runs $1,284/mo, and a $798/mo payment keeps the spread at $320/mo. Purchase price stands at $163,000, and rental yield measures 9.45% with $1,284/mo rent. Return on cash invested shows 27.02% in year one, and 5% annual appreciation builds toward $45,034 over five years. Five-year ROI reaches 140.68% and total cumulative return in cash records $76,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,284/mo property income covering a $798/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85225, Chandler, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 17,193 (58.9%) |
| Renter Occupied HU | 10,784 (36.9%) |
| Vacant Housing Units | 1,235 ( 4.2%) |
| Median Home Value | $446,363 |
| Average Home Value | $476,751 |
Housing Distribution
Address Breakdown
Residential
28,116
Single Family
20,351
Multi-Family
7,765
Businesses
1,438
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Listed by: Danny G Jaramillo • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6884594
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