7304 E Northridge CirMesaAZ85207
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 7304 E Northridge Cir, Mesa, AZ, 85207 offers $2,610/mo rent that, after a $2,291/mo payment. Total monthly income is $2,610/mo. Return on cash invested measures 17.36% in year one, and rental yield stands at 6.69% at a $468,000 entry. Equity gained on principal adds $3,020/yr while 5% annual appreciation compounds into $129,300 by year five. Five-year ROI records 89.3% and total cumulative return in cash reaches $138,545. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,610/mo property income versus a $2,291/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
4,059 sqft lot
$N/A/sqft
$517 quarterly 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
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