5940 S CobaltMesaAZ85212
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 5940 S Cobalt, Mesa, AZ, 85212 uses $193,748 cash to close to unlock $4,311/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $4,049/mo, and a $2,882/mo payment keeps the spread at $359/mo. Purchase price stands at $588,900, and rental yield measures 8.25% with $4,049/mo rent. Return on cash invested shows 22.29% in year one, and 5% annual appreciation builds toward $162,702 over five years. Five-year ROI reaches 115.66% and total cumulative return in cash records $224,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,049/mo property income covering a $2,882/mo payment rather than investor’s personal income.
Single Family
Built in 2021
6,624 sqft lot
$N/A/sqft
$209 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85212, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,242 (100%) |
| Owner Occupied HU | 17,439 (78.4%) |
| Renter Occupied HU | 3,405 (15.3%) |
| Vacant Housing Units | 1,398 ( 6.3%) |
| Median Home Value | $585,992 |
| Average Home Value | $614,677 |
Housing Distribution
Address Breakdown
Residential
20,685
Single Family
5,951
Multi-Family
14,734
Businesses
596
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Listed by: Jared Harris • Edge Realty, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6754737
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