5839 E Norwood StMesaAZ85215
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 5839 E Norwood St, Mesa, AZ, 85215 in Mesa offers a clean, manageable entry. Rental yield 6.76%. DSCR 1.25 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $109,131 in additional property value over five years, with $3,638/yr in principal equity building ownership stake. Total projected cumulative return: $138,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 5.5% |
| Monthly Cash Flow | $(171) | $450 |
City averages based on Mesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,224 |
| Total Monthly Debt Service | $2,238 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1989
3,920 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85215, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 6,196 (72.7%) |
| Renter Occupied HU | 787 ( 9.2%) |
| Vacant Housing Units | 1,542 (18.1%) |
| Median Home Value | $472,206 |
| Average Home Value | $524,875 |
Housing Distribution
Address Breakdown
Residential
9,036
Single Family
7,343
Multi-Family
1,693
Businesses
769
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
Townhouse
Built in 1989
3,920 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85215, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 6,196 (72.7%) |
| Renter Occupied HU | 787 ( 9.2%) |
| Vacant Housing Units | 1,542 (18.1%) |
| Median Home Value | $472,206 |
| Average Home Value | $524,875 |
Housing Distribution
Address Breakdown
Residential
9,036
Single Family
7,343
Multi-Family
1,693
Businesses
769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chelsea Douglas • Douglas Property Group
Mls Name: MLS of Southern Arizona
Mls Provider:
Mls ID: #22431053
Disclaimer: The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Zillow, Inc. are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.