1101 W Fairway DrMesaAZ85201
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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 1101 W Fairway Dr, Mesa, AZ, 85201 with 5% annual appreciation on a $1,347,000 basis while $3,364/mo rent supports operations. 73% in year one. Equity gained on principal adds $8,692/yr, and five-year appreciation sums $372,151 alongside rental yield of 3%. Five-year ROI measures 37.04% and total cumulative return in cash totals $161,663. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,364/mo property income versus a $6,593/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85201, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,963 (100%) |
| Owner Occupied HU | 8,572 (40.9%) |
| Renter Occupied HU | 10,672 (50.9%) |
| Vacant Housing Units | 1,719 ( 8.2%) |
| Median Home Value | $367,804 |
| Average Home Value | $396,596 |
Housing Distribution
Address Breakdown
Residential
21,342
Single Family
10,049
Multi-Family
11,293
Businesses
1,119
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Listed by: Jon T Sherwood • Crossroads Brokerage
Mls Name: ARMLS
Mls Provider:
Mls ID: #6721138
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010