604 W Emelita AveMesaAZ85210
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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 604 W Emelita Ave, Mesa, AZ, 85210 offers $1,764/mo rent that, after a $1,762/mo payment. Total monthly income is $1,764/mo. Return on cash invested measures 16.25% in year one, and rental yield stands at 5.88% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 82.84% and total cumulative return in cash reaches $98,865. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,764/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
6,425 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85210, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 6,733 (41.7%) |
| Renter Occupied HU | 8,377 (51.9%) |
| Vacant Housing Units | 1,023 ( 6.3%) |
| Median Home Value | $398,652 |
| Average Home Value | $459,680 |
Housing Distribution
Address Breakdown
Residential
15,731
Single Family
7,218
Multi-Family
8,513
Businesses
1,848
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