3217 N Piedra CirMesaAZ85207
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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 3217 N Piedra Cir, Mesa, AZ, 85207 priced at $1,645,000 converts $2,726/mo rent into after a $8,051/mo obligation. Total monthly income equals $2,726/mo. Return on cash invested prints 4.62% in year one, and rental yield reads 1.99% against a $1,645,000 entry. Equity gained on principal adds $10,615/yr, while 5% annual appreciation compiles into $454,483 by year five. Five-year ROI reaches 20.35% and total cumulative return in cash sums $108,487. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,726/mo property income covering a $8,051/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.92 Acres lot
$N/A/sqft
No 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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