5345 E McLellan Rd UNIT 83MesaAZ85205
Nearby investment properties with comparable rents
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 5345 E McLellan Rd UNIT 83, Mesa, AZ, 85205 listed at $918,000 pairs $3,000/mo rent with a $4,493/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 10.09% in year one, and rental yield registers 3.92% at a $918,000 basis. Equity gained on principal adds $5,924/yr, and annual property appreciation at 5% supports $253,626 by year five. Five-year ROI tracks 49.91% and total cumulative return in cash totals $150,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $4,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.39 Acres lot
$N/A/sqft
$250 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85205, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,448 (100%) |
| Owner Occupied HU | 13,962 (59.5%) |
| Renter Occupied HU | 5,268 (22.5%) |
| Vacant Housing Units | 4,218 (18.0%) |
| Median Home Value | $405,966 |
| Average Home Value | $477,429 |
Housing Distribution
Address Breakdown
Residential
20,736
Single Family
12,609
Multi-Family
8,127
Businesses
910
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Listed by: Brad Mortensen • Real Broker
Mls Name: ARMLS
Mls Provider:
Mls ID: #6780910
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