10718 E Lumiere AveMesaAZ85212
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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 10718 E Lumiere Ave, Mesa, AZ, 85212 uses $294,455 cash to close to unlock $6,589/yr annual cash flow and $549/mo monthly cash flow. Total monthly income runs $5,840/mo, and a $4,381/mo payment keeps the spread at $549/mo. Purchase price stands at $895,000, and rental yield measures 7.83% with $5,840/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 115.26% and total cumulative return in cash records $339,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,840/mo property income covering a $4,381/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.28 Acres lot
$N/A/sqft
No 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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