3055 N Red Mountain UNIT 77MesaAZ85207
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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 3055 N Red Mountain UNIT 77, Mesa, AZ, 85207 offers a 8.5% rental yield on a $520,000 purchase with $3,682/mo rent. Total monthly income registers $3,682/mo, and a $2,545/mo payment leaves $446/mo available for distribution. Annual cash flow reaches $5,356/yr on $171,080 to close, and return on cash invested stands at 23.19% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,666 over five years. Portfolio math shows five-year ROI at 120.46% and total cumulative return in cash at $206,087. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,682/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
6,795 sqft lot
$N/A/sqft
$486 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85207, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,654 (100%) |
| Owner Occupied HU | 15,873 (70.1%) |
| Renter Occupied HU | 3,772 (16.7%) |
| Vacant Housing Units | 3,009 (13.3%) |
| Median Home Value | $546,288 |
| Average Home Value | $587,498 |
Housing Distribution
Address Breakdown
Residential
21,051
Single Family
11,831
Multi-Family
9,220
Businesses
405
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