1406 W Emerald Ave UNIT 118MesaAZ85202
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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 1406 W Emerald Ave UNIT 118, Mesa, AZ, 85202 listed at $278,000 pairs $2,034/mo rent with a $1,361/mo payment to leave $390/mo cash flow. Total monthly income runs $2,034/mo, and annual cash flow reaches $4,684/yr on $92,157 cash to close. Return on cash invested measures 24.99% in year one, and rental yield registers 8.78% at a $278,000 basis. Equity gained on principal adds $1,794/yr, and annual property appreciation at 5% supports $76,806 by year five. Five-year ROI tracks 129.76% and total cumulative return in cash totals $119,585. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $1,361/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2000
2,225 sqft lot
$N/A/sqft
No 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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