111 S Greenfield Rd #163MesaAZ85206
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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 111 S Greenfield Rd #163, Mesa, AZ, 85206 uses $64,609 cash to close to unlock $4,186/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $1,501/mo, and a $954/mo payment keeps the spread at $349/mo. Purchase price stands at $194,900, and rental yield measures 9.24% with $1,501/mo rent. Return on cash invested shows 26.39% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 137.22% and total cumulative return in cash records $88,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,501/mo property income covering a $954/mo payment rather than investor’s personal income.
Manufactured
Built in 2019
1,964 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85206, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,893 (100%) |
| Owner Occupied HU | 11,450 (54.8%) |
| Renter Occupied HU | 5,261 (25.2%) |
| Vacant Housing Units | 4,182 (20.0%) |
| Median Home Value | $389,695 |
| Average Home Value | $419,820 |
Housing Distribution
Address Breakdown
Residential
18,415
Single Family
11,354
Multi-Family
7,061
Businesses
1,126
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