2922 E Encanto StMesaAZ85213
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 2922 E Encanto St, Mesa, AZ, 85213 at $585,250 posts ROI 30.28% with $1,640/mo cash flow from $5,100/mo rent. Total monthly income equals $5,100/mo, and annual cash flow records $19,680/yr on $192,547 to close. Return on cash invested measures 30.28% and rental yield reads 10.46% at the current $585,250. Equity gained on principal adds $3,777/yr, and 5% annual appreciation supports $161,694 by year five. Five-year ROI prints 158.05% and total cumulative return in cash totals $304,321.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,100/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
9,337 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85213, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,467 (100%) |
| Owner Occupied HU | 9,478 (70.4%) |
| Renter Occupied HU | 2,552 (19.0%) |
| Vacant Housing Units | 1,437 (10.7%) |
| Median Home Value | $499,327 |
| Average Home Value | $547,277 |
Housing Distribution
Address Breakdown
Residential
15,071
Single Family
10,801
Multi-Family
4,270
Businesses
374
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Nearby investment properties with comparable prices
Listed by: Chris Allen • 72SOLD
Mls Name: ARMLS
Mls Provider:
Mls ID: #6849066
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