220 N 22nd Pl UNIT 2036MesaAZ85213
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 220 N 22nd Pl UNIT 2036, Mesa, AZ, 85213 earns $104/mo cash flow from $1,638/mo rent with a $1,270/mo payment. Total monthly income totals $1,638/mo, and annual cash flow totals $1,250/yr on $86,024 capital. ROI tracks 21.36% on current figures, and rental yield reads 7.57% at a $259,500 purchase. Equity gained on principal adds $1,675/yr, and 5% annual appreciation supports $71,695 over five years. Five-year ROI reaches 110.32% and total cumulative return in cash sums $94,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,638/mo property income instead of your personal income.
Apartment
Built in 1985
1,696 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85213, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,467 (100%) |
| Owner Occupied HU | 9,478 (70.4%) |
| Renter Occupied HU | 2,552 (19.0%) |
| Vacant Housing Units | 1,437 (10.7%) |
| Median Home Value | $499,327 |
| Average Home Value | $547,277 |
Housing Distribution
Address Breakdown
Residential
15,071
Single Family
10,801
Multi-Family
4,270
Businesses
374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices