249 E Grandview StMesaAZ85201
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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 249 E Grandview St, Mesa, AZ, 85201 listed at $645,900 pairs $3,364/mo rent with a $3,161/mo payment. Total monthly income runs $3,364/mo. Return on cash invested measures 17.5% in year one, and rental yield registers 6.25% at a $645,900 basis. Equity gained on principal adds $4,168/yr, and annual property appreciation at 5% supports $178,450 by year five. Five-year ROI tracks 89.53% and total cumulative return in cash totals $190,246. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,364/mo property income relative to a $3,161/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
8,533 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85201, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,963 (100%) |
| Owner Occupied HU | 8,572 (40.9%) |
| Renter Occupied HU | 10,672 (50.9%) |
| Vacant Housing Units | 1,719 ( 8.2%) |
| Median Home Value | $367,804 |
| Average Home Value | $396,596 |
Housing Distribution
Address Breakdown
Residential
21,342
Single Family
10,049
Multi-Family
11,293
Businesses
1,119
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Listed by: Jacqueline Shaffer • OfferPad Brokerage, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6802376
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