2635 N 62nd StMesaAZ85215
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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
Total monthly income runs $2,762/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 6.78% with $2,762/mo rent. Return on cash invested shows 18.56% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 95.38% and total cumulative return in cash records $154,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,762/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
5,725 sqft lot
$N/A/sqft
$54 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85215, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 6,196 (72.7%) |
| Renter Occupied HU | 787 ( 9.2%) |
| Vacant Housing Units | 1,542 (18.1%) |
| Median Home Value | $472,206 |
| Average Home Value | $524,875 |
Housing Distribution
Address Breakdown
Residential
9,036
Single Family
7,343
Multi-Family
1,693
Businesses
769
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Listed by: Paula Bandura • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6852290
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