1432 W Emerald Ave UNIT 666MesaAZ85202
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
Investment property for sale in Mesa at 1432 W Emerald Ave UNIT 666, Mesa, AZ, 85202 listed at $299,900 pairs $1,975/mo rent with a $1,468/mo payment to leave $202/mo cash flow. Total monthly income runs $1,975/mo, and annual cash flow reaches $2,425/yr on $99,417 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 7.9% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 115.6% and total cumulative return in cash totals $114,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,975/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1983
81 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices