700 E Mesquite Cir #M229,Tempe,AZ,85288

Investment Highlights

Investment property for sale in Tempe at 700 E Mesquite Cir #M229, Tempe, AZ, 85288 offers a 7.66% rental yield on a $329,900 purchase with $2,107/mo rent. Total monthly income registers $2,107/mo, and a $1,615/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,879/yr on $109,362 to close, and return on cash invested stands at 21.63% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 111.71% and total cumulative return in cash at $122,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,107/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.