2834 S Extension Rd UNIT 1079MesaAZ85210
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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 2834 S Extension Rd UNIT 1079, Mesa, AZ, 85210 generates $2,381/mo in rent and, after a $1,742/mo payment, leaves $26/mo in cash flow. Total monthly income is $2,381/mo, and annual cash flow is $313/yr on $118,014 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 8.03% on a $356,000 entry. Equity gained on principal adds $2,297/yr, while 5% annual appreciation builds toward $98,356 over five years. Five-year ROI reaches 104.86% and total cumulative return in cash sums $123,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,381/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
608 sqft lot
$N/A/sqft
$251 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85210, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 6,733 (41.7%) |
| Renter Occupied HU | 8,377 (51.9%) |
| Vacant Housing Units | 1,023 ( 6.3%) |
| Median Home Value | $398,652 |
| Average Home Value | $459,680 |
Housing Distribution
Address Breakdown
Residential
15,731
Single Family
7,218
Multi-Family
8,513
Businesses
1,848
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Listed by: Katie Lambert • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6844767
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