650 N Hawes Rd UNIT 2000MesaAZ85207
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 650 N Hawes Rd UNIT 2000, Mesa, AZ, 85207 offers a 9.37% rental yield on a $159,900 purchase with $1,249/mo rent. Total monthly income registers $1,249/mo, and a $783/mo payment leaves $303/mo available for distribution. Annual cash flow reaches $3,641/yr on $53,007 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 139.37% and total cumulative return in cash at $73,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,249/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices