205 N 74th St UNIT 227MesaAZ85207
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 205 N 74th St UNIT 227, Mesa, AZ, 85207 earns $165/mo cash flow from $2,182/mo rent with a $1,432/mo payment. Total monthly income totals $2,182/mo, and annual cash flow totals $1,975/yr on $96,964 capital. ROI tracks 21.95% on current figures, and rental yield reads 8.95% at a $292,500 purchase. Equity gained on principal adds $1,887/yr, and 5% annual appreciation supports $80,812 over five years. Five-year ROI reaches 114.7% and total cumulative return in cash sums $111,213. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,182/mo property income instead of your personal income.
Apartment
Built in 2001
1,244 sqft lot
$N/A/sqft
$288 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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Nearby investment properties with comparable prices
Listed by: Jeffrey Twito • Cassia Real Estate Services
Mls Name: ARMLS
Mls Provider:
Mls ID: #6840312
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