2926 E Fountain StMesaAZ85213
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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 2926 E Fountain St, Mesa, AZ, 85213 priced at $708,900 converts $5,100/mo rent into $909/mo cash flow after a $3,470/mo obligation. Total monthly income equals $5,100/mo, and annual cash flow totals $10,911/yr on $233,228 invested. Return on cash invested prints 24.74% in year one, and rental yield reads 8.63% against a $708,900 entry. Equity gained on principal adds $4,574/yr, while 5% annual appreciation compiles into $195,856 by year five. Five-year ROI reaches 128.35% and total cumulative return in cash sums $299,342. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,100/mo property income covering a $3,470/mo payment, not borrower’s personal income.
Single Family
Built in 1996
9,062 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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Listed by: Melvyn D Johnson • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6776275
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