215 N Power Rd UNIT 206MesaAZ85205
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 215 N Power Rd UNIT 206, Mesa, AZ, 85205 in Mesa deserves attention. This $219,500 property earns $2,130/mo in rent, a 11.64% gross yield, and nets $833/mo after the $987/mo payment. DSCR 2.16 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $60,644 compounds alongside $2,022/yr in yearly equity build, for a total cumulative return of $136,554.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.5% |
| Monthly Cash Flow | $833 | $450 |
City averages based on Mesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,130 |
| Total Monthly Debt Service | $1,210 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1996
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
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
Manufactured
Built in 1996
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