28 Leisure WorldMesaAZ85206
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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
Rental property for sale in Mesa at 28 Leisure World, Mesa, AZ, 85206 priced at $234,500 pairs $1,616/mo rent with $230/mo cash flow after a $1,148/mo payment. Total monthly income equals $1,616/mo, and annual cash flow comes to $2,755/yr on $77,737 invested. Return on cash invested is 23.45% in year one, and rental yield stands at 8.27% on a $234,500 basis. Equity gained on principal adds $1,513/yr, and 5% annual appreciation accumulates to $64,788 by year five. Five-year ROI measures 121.51% and total cumulative return in cash reaches $94,456. For financing, Ziffy Mortgage’s DSCR program evaluates $1,616/mo property income against a $1,148/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
1,383 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85206, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,893 (100%) |
| Owner Occupied HU | 11,450 (54.8%) |
| Renter Occupied HU | 5,261 (25.2%) |
| Vacant Housing Units | 4,182 (20.0%) |
| Median Home Value | $389,695 |
| Average Home Value | $419,820 |
Housing Distribution
Address Breakdown
Residential
18,415
Single Family
11,354
Multi-Family
7,061
Businesses
1,126
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