938 W Iris DrGilbertAZ85233
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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 938 W Iris Dr, Gilbert, AZ, 85233 listed at $775,000 pairs $4,514/mo rent with a $3,793/mo payment. Total monthly income runs $4,514/mo. Return on cash invested measures 19.23% in year one, and rental yield registers 6.99% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 98.99% and total cumulative return in cash totals $252,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,514/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
8,664 sqft lot
$N/A/sqft
$656 semi-annually HOA
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Listed by: Joshua Young • Blue Sky Living, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6801820
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