2121 N Center St LOT 51MesaAZ85201
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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 2121 N Center St LOT 51, Mesa, AZ, 85201 uses $36,465 cash to close to unlock $2,642/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $870/mo, and a $538/mo payment keeps the spread at $220/mo. Purchase price stands at $110,000, and rental yield measures 9.49% with $870/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 141.44% and total cumulative return in cash records $51,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $870/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
N/A 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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Listed by: Kristie Rodricks • RE/MAX Solutions
Mls Name: ARMLS
Mls Provider:
Mls ID: #6690214
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