2421 E Dragoon AveMesaAZ85204
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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 2421 E Dragoon Ave, Mesa, AZ, 85204 with 5% annual appreciation on a $485,000 basis while $3,140/mo rent supports operations. Total monthly income totals $3,140/mo and a $2,374/mo payment preserves $273/mo for cash returns. Annual cash flow comes to $3,275/yr on $160,778 deployed, and return on cash invested reaches 21.95% in year one. Equity gained on principal adds $3,130/yr, and five-year appreciation sums $133,997 alongside rental yield of 7.77%. Five-year ROI measures 113.39% and total cumulative return in cash totals $182,306.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,140/mo property income versus a $2,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
7,545 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85204, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,734 (100%) |
| Owner Occupied HU | 14,311 (55.6%) |
| Renter Occupied HU | 9,482 (36.8%) |
| Vacant Housing Units | 1,941 ( 7.5%) |
| Median Home Value | $371,164 |
| Average Home Value | $418,248 |
Housing Distribution
Address Breakdown
Residential
22,727
Single Family
15,078
Multi-Family
7,649
Businesses
1,338
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