215 N Power RdMesaAZ85205
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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
Rental property for sale in Mesa at 215 N Power Rd, Mesa, AZ, 85205 priced at $162,700 converts $2,294/mo rent into after a $796/mo obligation. Total monthly income equals $2,294/mo. Return on cash invested prints -208.23% in year one, and rental yield reads 16.92% against a $162,700 entry. Equity gained on principal adds $1,050/yr, while 5% annual appreciation compiles into $44,951 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,294/mo property income covering a $796/mo payment, not borrower’s personal income.
Single Family
Built in N/A
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
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