10304 E Plata AveMesaAZ85212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 10304 E Plata Ave, Mesa, AZ, 85212 generates $2,666/mo in rent and, after a $2,104/mo payment, leaves $58/mo in cash flow. Total monthly income is $2,666/mo, and annual cash flow is $695/yr on $142,512 invested. Return on cash invested sits at 20.4% in year one, and rental yield is 7.44% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash sums $150,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,666/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
7,015 sqft lot
$N/A/sqft
$67 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85212, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,242 (100%) |
| Owner Occupied HU | 17,439 (78.4%) |
| Renter Occupied HU | 3,405 (15.3%) |
| Vacant Housing Units | 1,398 ( 6.3%) |
| Median Home Value | $585,992 |
| Average Home Value | $614,677 |
Housing Distribution
Address Breakdown
Residential
20,685
Single Family
5,951
Multi-Family
14,734
Businesses
596
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