461 W Holmes Ave UNIT 360MesaAZ85210
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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 461 W Holmes Ave UNIT 360, Mesa, AZ, 85210 earns $357/mo cash flow from $1,474/mo rent with a $925/mo payment. Total monthly income totals $1,474/mo, and annual cash flow totals $4,283/yr on $62,620 capital. ROI tracks 26.75% on current figures, and rental yield reads 9.36% at a $188,900 purchase. Equity gained on principal adds $1,219/yr, and 5% annual appreciation supports $52,190 over five years. Five-year ROI reaches 139.15% and total cumulative return in cash sums $87,135. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,474/mo property income instead of your personal income.
Apartment
Built in 1983
64 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85210, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 6,733 (41.7%) |
| Renter Occupied HU | 8,377 (51.9%) |
| Vacant Housing Units | 1,023 ( 6.3%) |
| Median Home Value | $398,652 |
| Average Home Value | $459,680 |
Housing Distribution
Address Breakdown
Residential
15,731
Single Family
7,218
Multi-Family
8,513
Businesses
1,848
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