461 W Holmes Ave UNIT 374MesaAZ85210
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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 461 W Holmes Ave UNIT 374, Mesa, AZ, 85210 listed at $232,000 pairs $1,710/mo rent with a $1,136/mo payment to leave $86/mo cash flow. Total monthly income runs $1,710/mo, and annual cash flow reaches $1,034/yr on $76,908 cash to close. Return on cash invested measures 21.25% in year one, and rental yield registers 8.84% at a $232,000 basis. Equity gained on principal adds $1,497/yr, and annual property appreciation at 5% supports $64,097 by year five. Five-year ROI tracks 111.17% and total cumulative return in cash totals $85,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,710/mo property income relative to a $1,136/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1983
871 sqft lot
$N/A/sqft
$252 monthly 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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Listed by: Lisa S Mamangon • Kenneth James Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6846140
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