2929 E Main St LOT 43MesaAZ85213
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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
Investment property for sale in Mesa at 2929 E Main St LOT 43, Mesa, AZ, 85213 uses $56,351 cash to close to unlock $6,662/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $832/mo payment keeps the spread at $555/mo. Purchase price stands at $169,989, and rental yield measures 11.01% with $1,560/mo rent. Return on cash invested shows 31.73% in year one, and 5% annual appreciation builds toward $46,965 over five years. Five-year ROI reaches 165.96% and total cumulative return in cash records $93,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
N/A 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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