6535 E Superstition Springs Blvd UNIT 230MesaAZ85206
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
Rental property for sale in Mesa at 6535 E Superstition Springs Blvd UNIT 230, Mesa, AZ, 85206 generates $3,086/mo in rent and, after a $1,713/mo payment, leaves $668/mo in cash flow. Total monthly income is $3,086/mo, and annual cash flow is $8,019/yr on $115,992 invested. Return on cash invested sits at 26.82% in year one, and rental yield is 10.58% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 140.89% and total cumulative return in cash sums $163,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,086/mo property income rather than buyer’s personal income.
Apartment
Built in 2004
2,095 sqft lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85206, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,893 (100%) |
| Owner Occupied HU | 11,450 (54.8%) |
| Renter Occupied HU | 5,261 (25.2%) |
| Vacant Housing Units | 4,182 (20.0%) |
| Median Home Value | $389,695 |
| Average Home Value | $419,820 |
Housing Distribution
Address Breakdown
Residential
18,415
Single Family
11,354
Multi-Family
7,061
Businesses
1,126
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Listed by: Charlene Bare • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6852067
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