678 S 93rd PlMesaAZ85208
INVESTMENT ANALYSIS
Investment Verdict
Solid Income678 S 93rd Pl, Mesa, AZ, 85208 in Mesa is a solid income-producing rental, 9.13% gross yield, $1,201/mo rent, $271/mo net cash flow on a $160,000 buy. DSCR 1.67 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $44,205 and $1,474/yr in principal reduction project a total cumulative return of $76,972.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.5% |
| Monthly Cash Flow | $271 | $450 |
City averages based on Mesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,201 |
| Total Monthly Debt Service | $882 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1970
7,205 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85208, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,496 (100%) |
| Owner Occupied HU | 13,263 (61.7%) |
| Renter Occupied HU | 3,740 (17.4%) |
| Vacant Housing Units | 4,493 (20.9%) |
| Median Home Value | $266,676 |
| Average Home Value | $308,314 |
Housing Distribution
Address Breakdown
Residential
16,813
Single Family
12,475
Multi-Family
4,338
Businesses
474
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
Manufactured
Built in 1970
7,205 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85208, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,496 (100%) |
| Owner Occupied HU | 13,263 (61.7%) |
| Renter Occupied HU | 3,740 (17.4%) |
| Vacant Housing Units | 4,493 (20.9%) |
| Median Home Value | $266,676 |
| Average Home Value | $308,314 |
Housing Distribution
Address Breakdown
Residential
16,813
Single Family
12,475
Multi-Family
4,338
Businesses
474
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Magdiel Jara • DPR Realty LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6853964
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