350 S 83rd PlMesaAZ85208
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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 350 S 83rd Pl, Mesa, AZ, 85208 earns $343/mo cash flow from $2,400/mo rent with a $1,703/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $4,118/yr on $115,362 capital. ROI tracks 23.48% on current figures, and rental yield reads 8.28% at a $348,000 purchase. Equity gained on principal adds $2,246/yr, and 5% annual appreciation supports $96,146 over five years. Five-year ROI reaches 121.65% and total cumulative return in cash sums $140,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 1991
8,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85208, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,496 (100%) |
| Owner Occupied HU | 13,263 (61.7%) |
| Renter Occupied HU | 3,740 (17.4%) |
| Vacant Housing Units | 4,493 (20.9%) |
| Median Home Value | $266,676 |
| Average Home Value | $308,314 |
Housing Distribution
Address Breakdown
Residential
16,813
Single Family
12,475
Multi-Family
4,338
Businesses
474
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