1500 W Rio Salado Pkwy UNIT 145MesaAZ85201
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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 1500 W Rio Salado Pkwy UNIT 145, Mesa, AZ, 85201 listed at $284,500 pairs $1,794/mo rent with a $1,392/mo payment to leave $113/mo cash flow. Total monthly income runs $1,794/mo, and annual cash flow reaches $1,353/yr on $94,312 cash to close. Return on cash invested measures 21.34% in year one, and rental yield registers 7.57% at a $284,500 basis. Equity gained on principal adds $1,836/yr, and annual property appreciation at 5% supports $78,602 by year five. Five-year ROI tracks 110.18% and total cumulative return in cash totals $103,913. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,794/mo property income relative to a $1,392/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1974
867 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85201, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,963 (100%) |
| Owner Occupied HU | 8,572 (40.9%) |
| Renter Occupied HU | 10,672 (50.9%) |
| Vacant Housing Units | 1,719 ( 8.2%) |
| Median Home Value | $367,804 |
| Average Home Value | $396,596 |
Housing Distribution
Address Breakdown
Residential
21,342
Single Family
10,049
Multi-Family
11,293
Businesses
1,119
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