215 N Power Rd #440MesaAZ85205
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 215 N Power Rd #440, Mesa, AZ, 85205 uses $62,322 cash to close to unlock $4,126/yr annual cash flow and $344/mo monthly cash flow. Total monthly income runs $1,455/mo, and a $920/mo payment keeps the spread at $344/mo. Purchase price stands at $188,000, and rental yield measures 9.29% with $1,455/mo rent. Return on cash invested shows 26.53% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 137.99% and total cumulative return in cash records $86,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,455/mo property income covering a $920/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85205, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,448 (100%) |
| Owner Occupied HU | 13,962 (59.5%) |
| Renter Occupied HU | 5,268 (22.5%) |
| Vacant Housing Units | 4,218 (18.0%) |
| Median Home Value | $405,966 |
| Average Home Value | $477,429 |
Housing Distribution
Address Breakdown
Residential
20,736
Single Family
12,609
Multi-Family
8,127
Businesses
910
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trisha Cleveland • ProSmart Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6811329
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