650 N Hawes Rd #2300MesaAZ85207
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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
Investment property for sale in Mesa at 650 N Hawes Rd #2300, Mesa, AZ, 85207 uses $52,709 cash to close to unlock $3,736/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,251/mo, and a $778/mo payment keeps the spread at $311/mo. Purchase price stands at $159,000, and rental yield measures 9.44% with $1,251/mo rent. Return on cash invested shows 27% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 140.56% and total cumulative return in cash records $74,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,251/mo property income covering a $778/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85207, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,654 (100%) |
| Owner Occupied HU | 15,873 (70.1%) |
| Renter Occupied HU | 3,772 (16.7%) |
| Vacant Housing Units | 3,009 (13.3%) |
| Median Home Value | $546,288 |
| Average Home Value | $587,498 |
Housing Distribution
Address Breakdown
Residential
21,051
Single Family
11,831
Multi-Family
9,220
Businesses
405
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