617 S Paradise DrGilbertAZ85233
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 617 S Paradise Dr, Gilbert, AZ, 85233 in Gilbert worth study. Rental yield 5.15%. The 5.15% gross yield is below cash-flow benchmarks at $654,490, but 5% annual appreciation, adding $180,824 over five years, frames this as a capital growth position. Rent of $2,808/mo partially offsets the $2,943/mo payment. Ziffy Mortgage finances appreciation-play properties (0.95 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $158,841.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.0% |
| Monthly Cash Flow | $(1,399) | $300 |
City averages based on Gilbert market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,808 |
| Total Monthly Debt Service | $3,946 |
| DSCR Ratio | 0.71x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
4,051 sqft lot
$N/A/sqft
$338 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1994
4,051 sqft lot
$N/A/sqft
$338 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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