608 E Arabian CtGilbertAZ85296
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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 608 E Arabian Ct, Gilbert, AZ, 85296 priced at $563,700 converts $3,347/mo rent into $15/mo cash flow after a $2,759/mo obligation. Total monthly income equals $3,347/mo, and annual cash flow totals $179/yr on $185,457 invested. Return on cash invested prints 20.16% in year one, and rental yield reads 7.13% against a $563,700 entry. Equity gained on principal adds $3,637/yr, while 5% annual appreciation compiles into $155,740 by year five. Five-year ROI reaches 103.76% and total cumulative return in cash sums $192,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,347/mo property income covering a $2,759/mo payment, not borrower’s personal income.
Single Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85296, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,367 (100%) |
| Owner Occupied HU | 13,363 (72.8%) |
| Renter Occupied HU | 4,439 (24.2%) |
| Vacant Housing Units | 565 ( 3.1%) |
| Median Home Value | $572,403 |
| Average Home Value | $633,075 |
Housing Distribution
Address Breakdown
Residential
18,526
Single Family
13,011
Multi-Family
5,515
Businesses
655
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