178 Leisure WorldMesaAZ85206
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
Rental property for sale in Mesa at 178 Leisure World, Mesa, AZ, 85206 offers $2,056/mo rent that, after a $1,463/mo payment. Total monthly income is $2,056/mo. Return on cash invested measures 15.78% in year one, and rental yield stands at 8.25% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 83.15% and total cumulative return in cash reaches $82,414. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,056/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
1,689 sqft lot
$N/A/sqft
$630 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85206, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,893 (100%) |
| Owner Occupied HU | 11,450 (54.8%) |
| Renter Occupied HU | 5,261 (25.2%) |
| Vacant Housing Units | 4,182 (20.0%) |
| Median Home Value | $389,695 |
| Average Home Value | $419,820 |
Housing Distribution
Address Breakdown
Residential
18,415
Single Family
11,354
Multi-Family
7,061
Businesses
1,126
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Listed by: Jim Tansey • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6807643
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