1344 E Ivyglen StMesaAZ85203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Mesa at 1344 E Ivyglen St, Mesa, AZ, 85203 generates $3,188/mo in rent and, after a $2,447/mo payment, leaves $233/mo in cash flow. Total monthly income is $3,188/mo, and annual cash flow is $2,792/yr on $165,750 invested. Return on cash invested sits at 21.59% in year one, and rental yield is 7.65% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 111.51% and total cumulative return in cash sums $184,832. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,188/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.27 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices