145 N 74th St UNIT 207MesaAZ85207
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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 145 N 74th St UNIT 207, Mesa, AZ, 85207 offers a 9.79% rental yield on a $267,500 purchase with $2,182/mo rent. Total monthly income registers $2,182/mo, and a $1,309/mo payment leaves $386/mo available for distribution. Annual cash flow reaches $4,632/yr on $88,676 to close, and return on cash invested stands at 25.13% in year one. Equity gained on principal adds $1,726/yr while 5% annual appreciation supports $73,905 over five years. Portfolio math shows five-year ROI at 131.58% and total cumulative return in cash at $116,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,182/mo property income against a $1,309/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1992
97 sqft lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85207, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,654 (100%) |
| Owner Occupied HU | 15,873 (70.1%) |
| Renter Occupied HU | 3,772 (16.7%) |
| Vacant Housing Units | 3,009 (13.3%) |
| Median Home Value | $546,288 |
| Average Home Value | $587,498 |
Housing Distribution
Address Breakdown
Residential
21,051
Single Family
11,831
Multi-Family
9,220
Businesses
405
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Listed by: Natasha Tomlinson • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6813015
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