1432 W Emerald Ave UNIT 648MesaAZ85202
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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 1432 W Emerald Ave UNIT 648, Mesa, AZ, 85202 earns $16/mo cash flow from $1,495/mo rent with a $1,091/mo payment. Total monthly income totals $1,495/mo, and annual cash flow totals $195/yr on $73,925 capital. ROI tracks 20.17% on current figures, and rental yield reads 8.04% at a $223,000 purchase. Equity gained on principal adds $1,439/yr, and 5% annual appreciation supports $61,611 over five years. Five-year ROI reaches 104.89% and total cumulative return in cash sums $77,537. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,495/mo property income instead of your personal income.
Apartment
Built in 1983
694 sqft lot
$N/A/sqft
$161 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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Listed by: Jeanna Boren • AZ Real Estate Options, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6845860
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010