1351 W Lobo AveMesaAZ85202
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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 1351 W Lobo Ave, Mesa, AZ, 85202 uses $182,595 cash to close to unlock $2,497/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $3,544/mo, and a $2,716/mo payment keeps the spread at $208/mo. Purchase price stands at $555,000, and rental yield measures 7.66% with $3,544/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 110.73% and total cumulative return in cash records $202,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,544/mo property income covering a $2,716/mo payment rather than investor’s personal income.
Single Family
Built in 1978
9,874 sqft lot
$N/A/sqft
$167 quarterly 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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