6209 E McKellips Rd LOT 372MesaAZ85215
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 6209 E McKellips Rd LOT 372, Mesa, AZ, 85215 uses $62,952 cash to close to unlock $4,559/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $929/mo payment keeps the spread at $380/mo. Purchase price stands at $189,900, and rental yield measures 9.49% with $1,502/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 141.32% and total cumulative return in cash records $88,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $929/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No 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