425 S Parkcrest UNIT 323MesaAZ85206
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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 425 S Parkcrest UNIT 323, Mesa, AZ, 85206 earns $124/mo cash flow from $1,601/mo rent with a $903/mo payment. Total monthly income totals $1,601/mo, and annual cash flow totals $1,493/yr on $61,162 capital. ROI tracks 22.35% on current figures, and rental yield reads 10.41% at a $184,500 purchase. Equity gained on principal adds $1,191/yr, and 5% annual appreciation supports $50,974 over five years. Five-year ROI reaches 118.35% and total cumulative return in cash sums $72,386. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,601/mo property income instead of your personal income.
Condo
Built in 1979
968 sqft lot
$N/A/sqft
$386 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85206, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,893 (100%) |
| Owner Occupied HU | 11,450 (54.8%) |
| Renter Occupied HU | 5,261 (25.2%) |
| Vacant Housing Units | 4,182 (20.0%) |
| Median Home Value | $389,695 |
| Average Home Value | $419,820 |
Housing Distribution
Address Breakdown
Residential
18,415
Single Family
11,354
Multi-Family
7,061
Businesses
1,126
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Listed by: Christine Atherton • Coldwell Banker Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6873762
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