460 S Desert PalmMesaAZ85208
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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 460 S Desert Palm, Mesa, AZ, 85208 at $214,900 posts ROI 26.98% with $420/mo cash flow from $1,690/mo rent. Total monthly income equals $1,690/mo, and annual cash flow records $5,034/yr on $71,239 to close. Return on cash invested measures 26.98% and rental yield reads 9.44% at the current $214,900. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 by year five. Five-year ROI prints 140.39% and total cumulative return in cash totals $100,014.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,690/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1975
1,089 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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