1018 S ToltecMesaAZ85204
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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
Rental property for sale in Mesa at 1018 S Toltec, Mesa, AZ, 85204 generates $3,053/mo in rent and, after a $2,423/mo payment, leaves $127/mo in cash flow. Total monthly income is $3,053/mo, and annual cash flow is $1,520/yr on $164,126 invested. Return on cash invested sits at 20.83% in year one, and rental yield is 7.4% on a $495,100 entry. Equity gained on principal adds $3,195/yr, while 5% annual appreciation builds toward $136,787 over five years. Five-year ROI reaches 107.44% and total cumulative return in cash sums $176,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,053/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
6,181 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85204, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,734 (100%) |
| Owner Occupied HU | 14,311 (55.6%) |
| Renter Occupied HU | 9,482 (36.8%) |
| Vacant Housing Units | 1,941 ( 7.5%) |
| Median Home Value | $371,164 |
| Average Home Value | $418,248 |
Housing Distribution
Address Breakdown
Residential
22,727
Single Family
15,078
Multi-Family
7,649
Businesses
1,338
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