650 N Hawes Rd #4831MesaAZ85207
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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 #4831, Mesa, AZ, 85207 uses $56,024 cash to close to unlock $3,710/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $827/mo payment keeps the spread at $309/mo. Purchase price stands at $169,000, and rental yield measures 9.29% with $1,308/mo rent. Return on cash invested shows 26.53% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 138.06% and total cumulative return in cash records $77,347. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in 2003
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: Kurt C Kominski • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6758742
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