684 E Redondo DrGilbertAZ85296
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
Investment property for sale in Gilbert at 684 E Redondo Dr, Gilbert, AZ, 85296 at $430,000 posts ROI 19.88% with from $2,574/mo rent. Total monthly income equals $2,574/mo. Return on cash invested measures 19.88% and rental yield reads 7.18% at the current $430,000. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 by year five. Five-year ROI prints 102.44% and total cumulative return in cash totals $146,019. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,574/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
5,275 sqft lot
$N/A/sqft
$106 quarterly 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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