1331 W Baseline Rd UNIT 357MesaAZ85202
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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
Total monthly income runs $1,807/mo, and a $1,273/mo payment. Purchase price stands at $260,000, and rental yield measures 8.34% with $1,807/mo rent. Return on cash invested shows 17.44% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 91.51% and total cumulative return in cash records $78,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,807/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Apartment
Built in 1988
1,264 sqft lot
$N/A/sqft
$447 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85202, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,736 (100%) |
| Owner Occupied HU | 8,516 (43.1%) |
| Renter Occupied HU | 10,388 (52.6%) |
| Vacant Housing Units | 832 ( 4.2%) |
| Median Home Value | $415,460 |
| Average Home Value | $444,336 |
Housing Distribution
Address Breakdown
Residential
17,578
Single Family
9,608
Multi-Family
7,970
Businesses
984
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