2551 E Harmony AveMesaAZ85204
Nearby investment properties with comparable rents
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
Total monthly income runs $2,219/mo, and a $2,031/mo payment. Purchase price stands at $415,000, and rental yield measures 6.42% with $2,219/mo rent. Return on cash invested shows 17.87% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 91.56% and total cumulative return in cash records $125,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,219/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1982
7,078 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zachary A Markee • MAR-KEY Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6872559
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