2301 E University Dr UNIT 496MesaAZ85213
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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 2301 E University Dr UNIT 496, Mesa, AZ, 85213 generates $2,028/mo in rent and, after a $1,370/mo payment, leaves $164/mo in cash flow. Total monthly income is $2,028/mo, and annual cash flow is $1,973/yr on $92,787 invested. Return on cash invested sits at 22.04% in year one, and rental yield is 8.69% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 114.87% and total cumulative return in cash sums $106,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,028/mo property income rather than buyer’s personal income.
Townhouse
Built in 1989
717 sqft lot
$N/A/sqft
$209 monthly 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
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