3047 E Kramer 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 3047 E Kramer St, Mesa, AZ, 85213 priced at $495,000 pairs $3,077/mo rent with $87/mo cash flow after a $2,423/mo payment. Total monthly income equals $3,077/mo, and annual cash flow comes to $1,049/yr on $164,093 invested. Return on cash invested is 20.55% in year one, and rental yield stands at 7.46% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 106.09% and total cumulative return in cash reaches $174,082. For financing, Ziffy Mortgage’s DSCR program evaluates $3,077/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
5,202 sqft lot
$N/A/sqft
$190 quarterly 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: Jason Arnett • Arnett Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6793427
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