413 S 98th 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 413 S 98th Pl, Mesa, AZ, 85208 uses $109,362 cash to close to unlock $5,395/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,615/mo payment keeps the spread at $450/mo. Purchase price stands at $329,900, and rental yield measures 8.73% with $2,400/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 128.94% and total cumulative return in cash records $141,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
6,321 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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