2450 W Keating AveMesaAZ85202
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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 2450 W Keating Ave, Mesa, AZ, 85202 priced at $509,500 converts $2,730/mo rent into after a $2,494/mo obligation. Total monthly income equals $2,730/mo. Return on cash invested prints 17.64% in year one, and rental yield reads 6.43% against a $509,500 entry. Equity gained on principal adds $3,288/yr, while 5% annual appreciation compiles into $140,765 by year five. Five-year ROI reaches 90.45% and total cumulative return in cash sums $151,622. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,730/mo property income covering a $2,494/mo payment, not borrower’s personal income.
Single Family
Built in 1979
7,352 sqft lot
$N/A/sqft
$56 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85202, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,736 (100%) |
| Owner Occupied HU | 8,516 (43.1%) |
| Renter Occupied HU | 10,388 (52.6%) |
| Vacant Housing Units | 832 ( 4.2%) |
| Median Home Value | $415,460 |
| Average Home Value | $444,336 |
Housing Distribution
Address Breakdown
Residential
17,578
Single Family
9,608
Multi-Family
7,970
Businesses
984
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Listed by: Nga Nguyen • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6832584
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010