502 S Saguaro WayMesaAZ85208
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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 Mesa at 502 S Saguaro Way, Mesa, AZ, 85208 priced at $304,900 converts $1,902/mo rent into $100/mo cash flow after a $1,492/mo obligation. Total monthly income equals $1,902/mo, and annual cash flow totals $1,200/yr on $101,074 invested. Return on cash invested prints 21.1% in year one, and rental yield reads 7.49% against a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation compiles into $84,238 by year five. Five-year ROI reaches 108.9% and total cumulative return in cash sums $110,066. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,902/mo property income covering a $1,492/mo payment, not borrower’s personal income.
Single Family
Built in 1978
109 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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