650 N Hawes Rd #2827MesaAZ85207
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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 #2827, Mesa, AZ, 85207 uses $56,322 cash to close to unlock $6,567/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $1,552/mo, and a $832/mo payment keeps the spread at $547/mo. Purchase price stands at $169,900, and rental yield measures 10.96% with $1,552/mo rent. Return on cash invested shows 31.57% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 165.08% and total cumulative return in cash records $92,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,552/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
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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Listed by: Chris Mott • Lanier Real Estate, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6855675
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