CashFlowRE
Sign in Sign up
3554 E Ravenswood Dr
D- Composite 36.71
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Appreciation +9.2/10.0
  • Cash flow +6.6/30.0
  • Schools +4.8/10.0
  • Livability +4.4/5.0
  • ARV discount +4.1/15.0
  • Rent growth +3.6/5.0
  • Condition / age +2.5/5.0
  • DSCR +0.9/10.0
  • 1% rule +0.7/10.0

$575,000

3554 E Ravenswood Dr · Gilbert, AZ 85298
3 bd · 3.0 ba · 1,777 sqft · SingleFamily public records · 6 Days on market
Built 2011 6,325 sqft lot Est $535k · 8% over $103/mo HOA · 3% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Live in the UNIQUE contemporary area of Seville named SPACES by Shea homes! This home is beautifully designed with modern touches inside and out. Amazing great room floor plan has 3 spacious bedrooms, 2 bathrooms and a den/bonus room. You will love the gourmet kitchen with quartz counter tops, HUGE island with extra seating, custom back splash, espresso cabinets w/ glass inserts, SS appliances and pendant lighting. So many updates throughout the home to include, modern light fixtures, ceiling fans, sharp flooring, and beautiful sliding barn doors t/o the property. Split master bedroom and en suite has a large tiled shower and upgraded vanity. Resort like backyard with lavish travertine decking that surrounds a very nice pool and spa combo. Low maintenance turf completes the backyard landscape with lush plants too. This home has newer exterior paint, extended length garage and is a N/S facing home site. Living in Seville is a great lifestyle with community pools, parks, restaurant and of course golf. Hurry over because this unique home won't last long!

Key facts

  • 6,325 sq ft lot
  • 2 garage spots
  • Pool

Property features AI

Finance

  • Financial info: Current financing: Conventional
  • HOA & community: Homeowners association with semi-annual fee of $618; Association covers grounds maintenance; Community amenities include golf, playground, and biking/walking paths

Exterior

  • Parking: 2 covered parking spaces; 2 open parking spaces; Extended length garage; 2-car garage
  • Utilities: City water; Public sewer
  • Home design: Single family residence; Fee simple ownership
  • Construction: Stucco and wood frame construction; Composition roof
  • Exterior features: Private heated spa; Private pool; Block fencing; Desert front yard; Gravel/stone front and back yard; Synthetic grass in back yard; City-maintained road

Interior

  • Kitchen: Refrigerator; Dishwasher; Disposal; Built-in microwave; Kitchen island; Pantry; Reverse osmosis
  • Bedrooms: Up to 4 bedrooms
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heating; Central air; Ceiling fans
  • Interior features: High-speed internet; Double vanity; Breakfast bar; No interior steps; Kitchen island; Pantry; Skylight(s)
  • Laundry & utility: Indoor laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/3.0-bath single-family listed at $575k.

Deal economics

  • At list price, monthly cash flow is $-942 ($-11k/yr) — negative.
  • To cash-flow at today's rent, offer at most $409k (28.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $330k (42.7% below list).
  • Recommended offer: $330k (42.7% below list) — sets the bar for 1% rule.
  • Cap rate 4.3% vs local median 3.2% in Gilbert — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 87/100 on livability (#1 in AZ, #240 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, employment A+, housing A+; Watch: health & safety C-, cost of living F.
  • Chandler Unified District #80 (4242) (suburban): math 49% / reading 57% proficiency, ranked #31 of 249 in AZ (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Riggs Elementary (math 56% / reading 63%, grade B-, #148 of 1,109 statewide, top 15%, 833 students, 12% FRL); Arizona College Prep Middle School (math 88% / reading 87%, grade A+, #1 of 218 statewide, top 0%, 744 students, 4% FRL); Dr. Camille Casteel High School (math 45% / reading 53%, grade D, #43 of 381 statewide, top 11%, 3,140 students, 12% FRL) — zoned schools average 9% FRL vs 25% district-wide (16 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 65% at this address vs 53% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Chandler Unified District #80 (4242) average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising fast (+4.3%/yr); 340 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 36,011 units permitted in Maricopa County in 2024 (12,801 in 5+ unit buildings).

Forward outlook

  • In year one you build about $52k of equity ($4k loan paydown + $48k appreciation (8.4% local appreciation)).
  • Maricopa County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$83k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
  • 6 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $430k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $329,547 (42.7% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.57%
Cap rate
4.33%
Cash-on-cash
-7.02%
DSCR
0.69
GRM
14.5

CMA / ARV

ARV (on-the-fly)
$534,877
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3554 E Ravenswood Dr 0.00mi 3/2.0 1,777 (0%) 1mo $571,500 $322 96
3504 E Ravenswood Dr 0.06mi 3/2.0 1,777 (0%) 2mo $575,000 $324 92
3541 E Ravenswood Dr 0.03mi 3/2.0 1,777 (0%) 4mo $535,000 $301 91
3499 E Lafayette Ave 0.10mi 3/2.0 1,750 (-2%) 1mo $515,000 $294 88
7172 S Sinova Ct 0.27mi 3/2.0 1,727 (-3%) 9mo $505,000 $292 72
7137 S Fawn Ave 0.04mi 4/2.5 (+1) 2,039 (+15%) 4mo $590,000 $289 63
6710 S Seton Ave 0.67mi 3/2.0 1,750 (-2%) 2mo $499,900 $286 61
6746 S Goldfinch Dr 0.58mi 3/2.0 1,750 (-2%) 7mo $575,000 $329 61
3553 E Ravenswood Dr 0.03mi 4/2.5 (+1) 2,039 (+15%) 8mo $619,000 $304 61
7332 S Briarwood Ln 0.61mi 3/2.0 1,759 (-1%) 7mo $530,000 $301 60
3266 E Sports Dr 0.75mi 3/2.5 1,675 (-6%) 6mo $430,000 $257 48
17244 E Chestnut Dr 0.65mi 3/2.0 1,914 (+8%) 6mo $785,000 $410 47

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.36% appreciation · 4.31% rent growth · sell at horizon

5-year hold
IRR
15.9%
Equity multiple
2.21×
Total profit
$194,460
Equity at exit
$451,116
10-year hold
IRR
15.6%
Equity multiple
4.84×
Total profit
$618,789
Equity at exit
$909,428

Cash invested: $161,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Arizona
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
5-day pay-or-quit; AZ courts known for speed; no state rent control; cities preempted by state law.

ZIP-level market 85298

Home prices YoY
2.5%
Rents YoY
4.3%
Active inventory
340
Price-to-rent
14.5×

Monthly cashflow live

Estimated rent
$3,295 high interval (Pro) →
Mortgage (P&I)
$3,015
Tax from tax record
$188 /mo · $2,252/yr
Insurance
$240
HOA
$103
Vacancy / Maint / Mgmt
$692
Net cashflow
$-942

Break-even live

Break-even rent $4,488
Max offer price $408,553
Occupancy floor

Sensitivity live

Price -10% $-617 -5% $-779 +0% $-942 +5% $-1,105 +10% $-1,268
Rent -10% $-1,203 -5% $-1,072 +0% $-942 +5% $-812 +10% $-682
Rate -1.0pp $-653 -0.5pp $-796 base $-942 +0.5pp $-1,091 +1.0pp $-1,243

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$143,750
Closing costs
$17,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3560 E Merlot St Gilbert, AZ 3.0 2.0 1777 $4,750 $2.67 45d 1 0.08mi
6943 S View Ln Gilbert, AZ 4.0 3.0 2586 $2,445 $0.95 7d 1 0.42mi
3443 E Riopelle Ave Gilbert, AZ 3.0 2.0 1284 $2,350 $1.83 45d 1 0.46mi
3147 E Vallejo Dr Gilbert, AZ 3.0 2.0 2171 $2,350 $1.08 18d 1 0.55mi
3068 E Ravenswood Dr Gilbert, AZ 4.0 2.0 1815 $2,550 $1.40 0d 1 0.60mi
3068 E Ravenswood Dr Gilbert, AZ 4.0 2.0 1815 $2,550 $1.40 14d 1 0.60mi
4155 E Clubview Dr Gilbert, AZ 4.0 2.0 2064 $2,600 $1.26 6d 1 0.81mi
3725 E Meadowview Dr Gilbert, AZ 3.0 2.0 1404 $2,750 $1.96 26d 1 0.81mi
6770 S Tucana Ln Gilbert, AZ 3.0 2.0 2070 $4,500 $2.17 26d 1 0.86mi
3570 E Meadowview Dr Gilbert, AZ 4.0 3.0 2536 $3,200 $1.26 4d 1 0.87mi
3067 E Palmdale Ln Gilbert, AZ 3.0 2.0 1675 $2,300 $1.37 16d 1 0.92mi
6686 S St Andrews Way Gilbert, AZ 2.0 2.5 1764 $5,100 $2.89 45d 1 0.95mi
6851 S Birdie Way Gilbert, AZ 4.0 3.0 2591 $2,995 $1.16 7d 1 1.02mi
3808 E Flower Ct Gilbert, AZ 3.0 2.5 1628 $2,095 $1.29 7d 1 1.04mi
2971 E Ridgewood Ln Gilbert, AZ 3.0 2.0 1675 $2,380 $1.42 45d 1 1.06mi
2723 E Mews Rd Gilbert, AZ 3.0 2.0 1759 $2,495 $1.42 20d 1 1.09mi
2723 E Mews Rd Gilbert, AZ 3.0 2.0 1759 $2,395 $1.36 4d 1 1.09mi
6659 S Cartier Dr Gilbert, AZ 3.0 2.0 1665 $2,300 $1.38 19d 1 1.09mi
6334 S Blake St Gilbert, AZ 3.0 2.0 1421 $2,100 $1.48 45d 1 1.12mi
6687 S Classic Way Gilbert, AZ 3.0 2.0 2173 $4,300 $1.98 3d 1 1.13mi
3868 E Palmer St Gilbert, AZ 3.0 2.5 1899 $2,000 $1.05 45d 1 1.14mi
3329 E Powell Ct Gilbert, AZ 3.0 2.0 1486 $2,345 $1.58 16d 1 1.20mi
3462 E Powell Way Gilbert, AZ 3.0 2.0 1665 $2,295 $1.38 26d 1 1.20mi
3486 E Anika Ct Gilbert, AZ 4.0 2.0 1749 $2,600 $1.49 45d 1 1.40mi

HOA detail

Monthly dues
$103 · $1,236/yr
Likely covers
pool

Listing history 18 events

  1. 2026-05-22
    status Active
  2. 2026-04-29
    status Pending
  3. 2026-04-23
    listed $575,000 Active
  4. 2020-07-30
    soldstatus $430,000 Closed 1068-char remark
    Show marketing remark (1068 chars)

    Live in the UNIQUE contemporary area of Seville named SPACES by Shea homes! This home is beautifully designed with modern touches inside and out. Amazing great room floor plan has 3 spacious bedrooms, 2 bathrooms and a den/bonus room. You will love the gourmet kitchen with quartz counter tops, HUGE island with extra seating, custom back splash, espresso cabinets w/ glass inserts, SS appliances and pendant lighting. So many updates throughout the home to include, modern light fixtures, ceiling fans, sharp flooring, and beautiful sliding barn doors t/o the property. Split master bedroom and en suite has a large tiled shower and upgraded vanity. Resort like backyard with lavish travertine decking that surrounds a very nice pool and spa combo. Low maintenance turf completes the backyard landscape with lush plants too. This home has newer exterior paint, extended length garage and is a N/S facing home site. Living in Seville is a great lifestyle with community pools, parks, restaurant and of course golf. Hurry over because this unique home won't last long!

  5. 2020-07-30
    soldstatus $420,000
    Show marketing remark (1068 chars)

    Live in the UNIQUE contemporary area of Seville named SPACES by Shea homes! This home is beautifully designed with modern touches inside and out. Amazing great room floor plan has 3 spacious bedrooms, 2 bathrooms and a den/bonus room. You will love the gourmet kitchen with quartz counter tops, HUGE island with extra seating, custom back splash, espresso cabinets w/ glass inserts, SS appliances and pendant lighting. So many updates throughout the home to include, modern light fixtures, ceiling fans, sharp flooring, and beautiful sliding barn doors t/o the property. Split master bedroom and en suite has a large tiled shower and upgraded vanity. Resort like backyard with lavish travertine decking that surrounds a very nice pool and spa combo. Low maintenance turf completes the backyard landscape with lush plants too. This home has newer exterior paint, extended length garage and is a N/S facing home site. Living in Seville is a great lifestyle with community pools, parks, restaurant and of course golf. Hurry over because this unique home won't last long!

  6. 2020-07-22
    status Pending 1068-char remark
    Show marketing remark (1068 chars)

    Live in the UNIQUE contemporary area of Seville named SPACES by Shea homes! This home is beautifully designed with modern touches inside and out. Amazing great room floor plan has 3 spacious bedrooms, 2 bathrooms and a den/bonus room. You will love the gourmet kitchen with quartz counter tops, HUGE island with extra seating, custom back splash, espresso cabinets w/ glass inserts, SS appliances and pendant lighting. So many updates throughout the home to include, modern light fixtures, ceiling fans, sharp flooring, and beautiful sliding barn doors t/o the property. Split master bedroom and en suite has a large tiled shower and upgraded vanity. Resort like backyard with lavish travertine decking that surrounds a very nice pool and spa combo. Low maintenance turf completes the backyard landscape with lush plants too. This home has newer exterior paint, extended length garage and is a N/S facing home site. Living in Seville is a great lifestyle with community pools, parks, restaurant and of course golf. Hurry over because this unique home won't last long!

  7. 2020-07-01
    listed Under Contract Accepting Backups 1068-char remark
    Show marketing remark (1068 chars)

    Live in the UNIQUE contemporary area of Seville named SPACES by Shea homes! This home is beautifully designed with modern touches inside and out. Amazing great room floor plan has 3 spacious bedrooms, 2 bathrooms and a den/bonus room. You will love the gourmet kitchen with quartz counter tops, HUGE island with extra seating, custom back splash, espresso cabinets w/ glass inserts, SS appliances and pendant lighting. So many updates throughout the home to include, modern light fixtures, ceiling fans, sharp flooring, and beautiful sliding barn doors t/o the property. Split master bedroom and en suite has a large tiled shower and upgraded vanity. Resort like backyard with lavish travertine decking that surrounds a very nice pool and spa combo. Low maintenance turf completes the backyard landscape with lush plants too. This home has newer exterior paint, extended length garage and is a N/S facing home site. Living in Seville is a great lifestyle with community pools, parks, restaurant and of course golf. Hurry over because this unique home won't last long!

  8. 2020-06-24
    listed $430,000 1068-char remark
    Show marketing remark (1068 chars)

    Live in the UNIQUE contemporary area of Seville named SPACES by Shea homes! This home is beautifully designed with modern touches inside and out. Amazing great room floor plan has 3 spacious bedrooms, 2 bathrooms and a den/bonus room. You will love the gourmet kitchen with quartz counter tops, HUGE island with extra seating, custom back splash, espresso cabinets w/ glass inserts, SS appliances and pendant lighting. So many updates throughout the home to include, modern light fixtures, ceiling fans, sharp flooring, and beautiful sliding barn doors t/o the property. Split master bedroom and en suite has a large tiled shower and upgraded vanity. Resort like backyard with lavish travertine decking that surrounds a very nice pool and spa combo. Low maintenance turf completes the backyard landscape with lush plants too. This home has newer exterior paint, extended length garage and is a N/S facing home site. Living in Seville is a great lifestyle with community pools, parks, restaurant and of course golf. Hurry over because this unique home won't last long!

  9. 2019-11-27
    soldstatus $395,000 Closed 819-char remark
    Show marketing remark (819 chars)

    Unique Contemporary home in Seville! Beautifully designed with modern upgraded finishes throughout! Awesome great room floorplan that makes entertaining family or friends so comfortable! Kitchen offers quartz counters, HUGE island, SS appliances, espresso cabinets w/ glass inserts, custom backsplash & pendant lighting. Modern light fixtures, ceiling fans & flooring + beautiful sliding barn style doors throughout. The split master features a large tiled w/i shower & upgraded vanity. Spacious secondary bedrooms + a multi-functional bonus room! Relax in your low maintenance vacation style backyard w/ refreshing pool & spa, tiled patio & artificial turf. All new exterior paint, N/S private homesite, extended length garage! Enjoy all that Seville Golf & Country Club has to offer!

  10. 2019-11-27
    soldstatus $395,000
    Show marketing remark (819 chars)

    Unique Contemporary home in Seville! Beautifully designed with modern upgraded finishes throughout! Awesome great room floorplan that makes entertaining family or friends so comfortable! Kitchen offers quartz counters, HUGE island, SS appliances, espresso cabinets w/ glass inserts, custom backsplash & pendant lighting. Modern light fixtures, ceiling fans & flooring + beautiful sliding barn style doors throughout. The split master features a large tiled w/i shower & upgraded vanity. Spacious secondary bedrooms + a multi-functional bonus room! Relax in your low maintenance vacation style backyard w/ refreshing pool & spa, tiled patio & artificial turf. All new exterior paint, N/S private homesite, extended length garage! Enjoy all that Seville Golf & Country Club has to offer!

  11. 2019-10-25
    historical Under Contract Accepting Backups 819-char remark
    Show marketing remark (819 chars)

    Unique Contemporary home in Seville! Beautifully designed with modern upgraded finishes throughout! Awesome great room floorplan that makes entertaining family or friends so comfortable! Kitchen offers quartz counters, HUGE island, SS appliances, espresso cabinets w/ glass inserts, custom backsplash & pendant lighting. Modern light fixtures, ceiling fans & flooring + beautiful sliding barn style doors throughout. The split master features a large tiled w/i shower & upgraded vanity. Spacious secondary bedrooms + a multi-functional bonus room! Relax in your low maintenance vacation style backyard w/ refreshing pool & spa, tiled patio & artificial turf. All new exterior paint, N/S private homesite, extended length garage! Enjoy all that Seville Golf & Country Club has to offer!

  12. 2019-10-16
    listed $395,000 Active 819-char remark
    Show marketing remark (819 chars)

    Unique Contemporary home in Seville! Beautifully designed with modern upgraded finishes throughout! Awesome great room floorplan that makes entertaining family or friends so comfortable! Kitchen offers quartz counters, HUGE island, SS appliances, espresso cabinets w/ glass inserts, custom backsplash & pendant lighting. Modern light fixtures, ceiling fans & flooring + beautiful sliding barn style doors throughout. The split master features a large tiled w/i shower & upgraded vanity. Spacious secondary bedrooms + a multi-functional bonus room! Relax in your low maintenance vacation style backyard w/ refreshing pool & spa, tiled patio & artificial turf. All new exterior paint, N/S private homesite, extended length garage! Enjoy all that Seville Golf & Country Club has to offer!

  13. 2017-06-23
    soldstatus $320,000
  14. 2015-06-30
    soldstatus $305,000 Closed
  15. 2015-06-25
    soldstatus $305,000
  16. 2015-04-16
    status Pending
  17. 2015-04-11
    price $317,900
  18. 2015-03-17
    listed $323,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AZ · Resets to sale price

Current annual tax
$2,252 · $188/mo
Projected year-2 tax
$3,795 · $316/mo
Expected delta
+$1,543/yr (+$129/mo · 68.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$39,546
− Mortgage interest
−$32,209
− Property taxes
−$2,252
− Insurance
−$2,875
− Repairs & maintenance
−$3,164
− Management
−$3,164
− HOA
−$1,236
− Depreciation
−$16,727
Taxable loss
−$22,081
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$5,299
After-tax cash flow
$-6,007/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Chandler Unified District #80 (4242)
NCES district ID
0401870
Math proficiency
49% ▼ -8.00%
Reading proficiency
57% ▼ -2.00%
Median HH income
$74,048
Composite
47.54/100
National rank
#2268
State rank
#31 of 249 in AZ

Livability — Gilbert

Score
87/100
State rank
#1
US rank
#240

Category grades

Amenities A+ Commute A Cost of living F Crime A Employment A+ Housing A+ Health & safety C- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Gilbert, AZ
County
Maricopa County · 4,537,380 people
City population
281,769
Metro
Phoenix-Mesa-Chandler, AZ
Population (ZIP)
44,114
Household income
$156,425
Rent vs Own
8.9% rent · 91.1% own
Severe rent burden
173.0

Population outlook (Maricopa County) Hauer SSP2

Today (2025)
4,979,203 people
By 2030
5,378,229 · +8.0%
By 2040
6,156,598 · +23.6%
By 2050
6,872,376 · +38.0%
By 2075
8,401,270 · +68.7%
By 2100
9,247,439 · +85.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (72%)
Race & ethnicity
White 72% Hispanic / Latino 14% Two or more races 11% Asian 7% Black 2%
Hispanic origin (detail)
Mexican 10%
Common ancestry
Italian 4% Romanian 3% Lithuanian 3%
Foreign-born
9% · Canada, China, Vietnam
Languages at home
85% English-only · Spanish 7% Other Indo-European 2% Chinese 1%

Political lean MEDSL · Maricopa

2024 margin
Toss-up / Even · D 47.7% · R 51.2% · Other 1.1%
2008→2024 swing
+7.1pp toward D · 2008: -10.6pp · 2024: -3.5pp
All cycles
2024: R+3.5 2020: D+2.2 2016: R+3.5 2012: R+12.0 2008: R+10.6

Not yet ingested

Civics

Market trends

HPI YoY
▲ 8.36%
Current HPI
343.6932
Rent YoY
▲ 4.31%
Metro
Phoenix-Mesa-Chandler, AZ
State GDP YoY
▲ 4.54%
F500 in state
20

Industry mix (Fortune 500 HQ in AZ)

Industry F500 HQs Revenue

Price history

+77.5% since first listed
18 events — show timeline
  • 2026-05-22 Relisted ARMLS
  • 2026-04-29 Pending ARMLS
  • 2026-04-23 Listed $575,000 ARMLS
  • 2020-07-30 Sold (Public Records) $420,000 Public Records
  • 2020-07-30 Sold (MLS) $430,000 ARMLS
  • 2020-07-22 Pending ARMLS
  • 2020-07-01 Listed ARMLS
  • 2020-06-24 Listed $430,000 ARMLS
  • 2019-11-27 Sold (Public Records) $395,000 Public Records
  • 2019-11-27 Sold (MLS) $395,000 ARMLS
  • 2019-10-25 Contingent ARMLS
  • 2019-10-16 Listed $395,000 ARMLS
  • 2017-06-23 Sold (Public Records) $320,000 Public Records
  • 2015-06-30 Sold (MLS) $305,000 ARMLS
  • 2015-06-25 Sold (Public Records) $305,000 Public Records
  • 2015-04-16 Pending ARMLS
  • 2015-04-11 Price Changed $317,900 ARMLS
  • 2015-03-17 Listed $323,900 ARMLS

Property tax history

+10.2%/yr

Latest (2025): $2,252 · +1.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…