1017 E Kramer StMesaAZ85203
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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 Mesa at 1017 E Kramer St, Mesa, AZ, 85203 offers a 6.84% rental yield on a $979,000 purchase with $5,578/mo rent. 28% in year one. Equity gained on principal adds $6,317/yr while 5% annual appreciation supports $270,480 over five years. Portfolio math shows five-year ROI at 99.06% and total cumulative return in cash at $319,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,578/mo property income against a $4,792/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85203, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,569 (100%) |
| Owner Occupied HU | 7,917 (58.3%) |
| Renter Occupied HU | 5,053 (37.2%) |
| Vacant Housing Units | 599 ( 4.4%) |
| Median Home Value | $478,526 |
| Average Home Value | $554,456 |
Housing Distribution
Address Breakdown
Residential
13,537
Single Family
9,148
Multi-Family
4,389
Businesses
664
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