2600 E Allred Ave #R95MesaAZ85204
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
Investment property for sale in Mesa at 2600 E Allred Ave #R95, Mesa, AZ, 85204 uses $38,951 cash to close to unlock $2,970/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $942/mo, and a $575/mo payment keeps the spread at $248/mo. Purchase price stands at $117,500, and rental yield measures 9.62% with $942/mo rent. Return on cash invested shows 27.54% in year one, and 5% annual appreciation builds toward $32,463 over five years. Five-year ROI reaches 143.42% and total cumulative return in cash records $55,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $942/mo property income covering a $575/mo payment rather than investor’s personal income.
Manufactured
Built in 2013
N/A 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: Tammy Danielson • Coldwell Banker Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6920128
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