2238 N Gayridge RdMesaAZ85215
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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 2238 N Gayridge Rd, Mesa, AZ, 85215 offers a 5.59% rental yield on a $365,000 purchase with $1,701/mo rent. 39% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 78.22% and total cumulative return in cash at $94,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,701/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
5,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85215, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 6,196 (72.7%) |
| Renter Occupied HU | 787 ( 9.2%) |
| Vacant Housing Units | 1,542 (18.1%) |
| Median Home Value | $472,206 |
| Average Home Value | $524,875 |
Housing Distribution
Address Breakdown
Residential
9,036
Single Family
7,343
Multi-Family
1,693
Businesses
769
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