263 S Del RanchoMesaAZ85208
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
Rental property for sale in Mesa at 263 S Del Rancho, Mesa, AZ, 85208 priced at $445,000 pairs $2,698/mo rent with $6/mo cash flow after a $2,178/mo payment. Total monthly income equals $2,698/mo, and annual cash flow comes to $67/yr on $147,518 invested. Return on cash invested is 19.95% in year one, and rental yield stands at 7.28% on a $445,000 basis. Equity gained on principal adds $2,872/yr, and 5% annual appreciation accumulates to $122,945 by year five. Five-year ROI measures 102.9% and total cumulative return in cash reaches $151,796. For financing, Ziffy Mortgage’s DSCR program evaluates $2,698/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
6,791 sqft lot
$N/A/sqft
$186 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85208, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,496 (100%) |
| Owner Occupied HU | 13,263 (61.7%) |
| Renter Occupied HU | 3,740 (17.4%) |
| Vacant Housing Units | 4,493 (20.9%) |
| Median Home Value | $266,676 |
| Average Home Value | $308,314 |
Housing Distribution
Address Breakdown
Residential
16,813
Single Family
12,475
Multi-Family
4,338
Businesses
474
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Listed by: Brooke Zandt • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6849835
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