440 S Parkcrest UNIT 103MesaAZ85206
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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 440 S Parkcrest UNIT 103, Mesa, AZ, 85206 uses $91,163 cash to close to unlock $2,573/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $1,840/mo, and a $1,346/mo payment keeps the spread at $214/mo. Purchase price stands at $275,000, and rental yield measures 8.03% with $1,840/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 117.63% and total cumulative return in cash records $107,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,840/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Apartment
Built in 1983
1,583 sqft lot
$N/A/sqft
No 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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