501 E Mesquite StGlobeAZ85501
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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
Rental property for sale in Globe at 501 E Mesquite St, Globe, AZ, 85501 generates $1,620/mo in rent and, after a $974/mo payment, leaves $444/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $5,324/yr on $65,969 invested. Return on cash invested sits at 27.98% in year one, and rental yield is 9.77% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 145.77% and total cumulative return in cash sums $96,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85501, Globe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,992 (100%) |
| Owner Occupied HU | 3,735 (62.3%) |
| Renter Occupied HU | 1,285 (21.4%) |
| Vacant Housing Units | 972 (16.2%) |
| Median Home Value | $188,834 |
| Average Home Value | $230,350 |
Housing Distribution
Address Breakdown
Residential
4,387
Single Family
4,250
Multi-Family
137
Businesses
300
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