7061 E Broadway Rd Unit 48MesaAZ85208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 7061 E Broadway Rd Unit 48, Mesa, AZ, 85208 in Mesa achieves 1.56, rent of $1,600/mo covers the $1,025/mo payment 1.5x over at $228,000. Rental yield 8.42%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $62,992 over five years, with $2,100/yr in principal reduction bringing total projected return to $102,469.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $(48) | $450 |
City averages based on Mesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,600 |
| Total Monthly Debt Service | $1,257 |
| DSCR Ratio | 1.27x |
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.
Townhouse
Built in 1981
140 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
Townhouse
Built in 1981
140 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