617 S Paradise DrGilbertAZ85233
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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 617 S Paradise Dr, Gilbert, AZ, 85233 offers $2,808/mo rent that, after a $3,203/mo payment. Total monthly income is $2,808/mo. Return on cash invested measures 12.27% in year one, and rental yield stands at 5.15% at a $654,490 entry. Equity gained on principal adds $4,223/yr while 5% annual appreciation compounds into $180,824 by year five. Five-year ROI records 62.14% and total cumulative return in cash reaches $133,807. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,808/mo property income versus a $3,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
4,051 sqft lot
$N/A/sqft
$338 monthly HOA
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Listed by: Gary Colin • Real Broker
Mls Name: ARMLS
Mls Provider:
Mls ID: #6742305
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