880 E Wimpole AveGilbertAZ85297
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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 880 E Wimpole Ave, Gilbert, AZ, 85297 at $745,000 posts ROI 16.78% with from $3,837/mo rent. Total monthly income equals $3,837/mo. Return on cash invested measures 16.78% and rental yield reads 6.18% at the current $745,000. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 by year five. Five-year ROI prints 85.86% and total cumulative return in cash totals $210,440. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,837/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
6,593 sqft lot
$N/A/sqft
$310 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85297, Gilbert, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,268 (100%) |
| Owner Occupied HU | 9,450 (71.2%) |
| Renter Occupied HU | 3,195 (24.1%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $600,496 |
| Average Home Value | $657,694 |
Housing Distribution
Address Breakdown
Residential
12,953
Single Family
9,684
Multi-Family
3,269
Businesses
557
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Listed by: Cristina A Pulido • Real Broker
Mls Name: ARMLS
Mls Provider:
Mls ID: #6852852
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