45 E 9th Pl UNIT 36MesaAZ85201
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
Investment property for sale in Mesa at 45 E 9th Pl UNIT 36, Mesa, AZ, 85201 offers a 6.52% rental yield on a $408,900 purchase with $2,220/mo rent. 58% in year one. Equity gained on principal adds $2,639/yr while 5% annual appreciation supports $112,972 over five years. Portfolio math shows five-year ROI at 85.24% and total cumulative return in cash at $115,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $2,001/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
4,421 sqft lot
$N/A/sqft
$179 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85201, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,963 (100%) |
| Owner Occupied HU | 8,572 (40.9%) |
| Renter Occupied HU | 10,672 (50.9%) |
| Vacant Housing Units | 1,719 ( 8.2%) |
| Median Home Value | $367,804 |
| Average Home Value | $396,596 |
Housing Distribution
Address Breakdown
Residential
21,342
Single Family
10,049
Multi-Family
11,293
Businesses
1,119
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Listed by: John Biddle • Redfin Corporation
Mls Name: ARMLS
Mls Provider:
Mls ID: #6774414
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