742 E Kyle DrGilbertAZ85296
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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 742 E Kyle Dr, Gilbert, AZ, 85296 priced at $499,950 pairs $2,664/mo rent with after a $2,447/mo payment. Total monthly income equals $2,664/mo. Return on cash invested is 17.54% in year one, and rental yield stands at 6.39% on a $499,950 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,127 by year five. Five-year ROI measures 89.9% and total cumulative return in cash reaches $148,996. For financing, Ziffy Mortgage’s DSCR program evaluates $2,664/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
5,284 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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Listed by: Brad Turk • Shawn Bellamak Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6870524
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