205 N 74th St UNIT 261MesaAZ85207
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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 205 N 74th St UNIT 261, Mesa, AZ, 85207 listed at $252,500 pairs $1,973/mo rent with a $1,236/mo payment to leave $207/mo cash flow. Total monthly income runs $1,973/mo, and annual cash flow reaches $2,487/yr on $83,704 cash to close. Return on cash invested measures 22.88% in year one, and rental yield registers 9.38% at a $252,500 basis. Equity gained on principal adds $1,629/yr, and annual property appreciation at 5% supports $69,761 by year five. Five-year ROI tracks 119.88% and total cumulative return in cash totals $100,347. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,973/mo property income relative to a $1,236/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2000
139 sqft lot
$N/A/sqft
$273 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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