4304 N RanierMesaAZ85215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4304 N Ranier, Mesa, AZ, 85215 offers $3,103/mo rent that, after a $2,961/mo payment. Total monthly income is $3,103/mo. Return on cash invested measures 16.59% in year one, and rental yield stands at 6.15% at a $605,000 entry. Equity gained on principal adds $3,904/yr while 5% annual appreciation compounds into $167,150 by year five. Five-year ROI records 84.88% and total cumulative return in cash reaches $168,946. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,103/mo property income versus a $2,961/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
6,625 sqft lot
$N/A/sqft
$612 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85215, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 6,196 (72.7%) |
| Renter Occupied HU | 787 ( 9.2%) |
| Vacant Housing Units | 1,542 (18.1%) |
| Median Home Value | $472,206 |
| Average Home Value | $524,875 |
Housing Distribution
Address Breakdown
Residential
9,036
Single Family
7,343
Multi-Family
1,693
Businesses
769
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