320 E McKellips Rd LOT 163MesaAZ85201
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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 320 E McKellips Rd LOT 163, Mesa, AZ, 85201 offers a 15.11% rental yield on a $149,900 purchase with $1,888/mo rent. Total monthly income registers $1,888/mo, and a $734/mo payment leaves $1,002/mo available for distribution. Annual cash flow reaches $12,019/yr on $49,692 to close, and return on cash invested stands at 44.1% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 232.21% and total cumulative return in cash at $115,391. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,888/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85201, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,963 (100%) |
| Owner Occupied HU | 8,572 (40.9%) |
| Renter Occupied HU | 10,672 (50.9%) |
| Vacant Housing Units | 1,719 ( 8.2%) |
| Median Home Value | $367,804 |
| Average Home Value | $396,596 |
Housing Distribution
Address Breakdown
Residential
21,342
Single Family
10,049
Multi-Family
11,293
Businesses
1,119
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Listed by: Katarzyna Finelli • Citiea
Mls Name: ARMLS
Mls Provider:
Mls ID: #6871733
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