3321 E Crescent AveMesaAZ85204
Nearby investment properties with comparable rents
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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 3321 E Crescent Ave, Mesa, AZ, 85204 offers a 9.08% rental yield on a $332,400 purchase with $2,514/mo rent. Total monthly income registers $2,514/mo, and a $1,627/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,665/yr on $110,191 to close, and return on cash invested stands at 25.05% in year one. Equity gained on principal adds $2,145/yr while 5% annual appreciation supports $91,836 over five years. Portfolio math shows five-year ROI at 130.39% and total cumulative return in cash at $143,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,514/mo property income against a $1,627/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1983
4,165 sqft lot
$N/A/sqft
$77 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85204, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,734 (100%) |
| Owner Occupied HU | 14,311 (55.6%) |
| Renter Occupied HU | 9,482 (36.8%) |
| Vacant Housing Units | 1,941 ( 7.5%) |
| Median Home Value | $371,164 |
| Average Home Value | $418,248 |
Housing Distribution
Address Breakdown
Residential
22,727
Single Family
15,078
Multi-Family
7,649
Businesses
1,338
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Listed by: Steven Coons • Farnsworth Realty & Management
Mls Name: ARMLS
Mls Provider:
Mls ID: #6771845
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