89 E Palomino 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
Investment property for sale in Gilbert at 89 E Palomino Dr, Gilbert, AZ, 85296 with 5% annual appreciation on a $440,000 basis while $2,878/mo rent supports operations. Total monthly income totals $2,878/mo and a $2,154/mo payment preserves $140/mo for cash returns. Annual cash flow comes to $1,676/yr on $145,860 deployed, and return on cash invested reaches 21.06% in year one. Equity gained on principal adds $2,839/yr, and five-year appreciation sums $121,564 alongside rental yield of 7.85%. Five-year ROI measures 109.06% and total cumulative return in cash totals $159,070.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,878/mo property income versus a $2,154/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
3,160 sqft lot
$N/A/sqft
$137 monthly 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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