1163 E Glencove StMesaAZ85203
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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 1163 E Glencove St, Mesa, AZ, 85203 earns $341/mo cash flow from $2,410/mo rent with a $1,713/mo payment. Total monthly income totals $2,410/mo, and annual cash flow totals $4,094/yr on $116,025 capital. ROI tracks 23.44% on current figures, and rental yield reads 8.26% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 121.43% and total cumulative return in cash sums $140,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,410/mo property income instead of your personal income.
Single Family
Built in 1980
8,725 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85203, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,569 (100%) |
| Owner Occupied HU | 7,917 (58.3%) |
| Renter Occupied HU | 5,053 (37.2%) |
| Vacant Housing Units | 599 ( 4.4%) |
| Median Home Value | $478,526 |
| Average Home Value | $554,456 |
Housing Distribution
Address Breakdown
Residential
13,537
Single Family
9,148
Multi-Family
4,389
Businesses
664
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