7624 E Plata AveMesaAZ85212
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
Investment property for sale in Mesa at 7624 E Plata Ave, Mesa, AZ, 85212 earns from $2,810/mo rent with a $2,300/mo payment. Total monthly income totals $2,810/mo. ROI tracks 19.79% on current figures, and rental yield reads 7.17% at a $470,000 purchase. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 over five years. Five-year ROI reaches 102.01% and total cumulative return in cash sums $158,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,810/mo property income instead of your personal income.
Single Family
Built in 1998
6,046 sqft lot
$N/A/sqft
$141 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85212, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,242 (100%) |
| Owner Occupied HU | 17,439 (78.4%) |
| Renter Occupied HU | 3,405 (15.3%) |
| Vacant Housing Units | 1,398 ( 6.3%) |
| Median Home Value | $585,992 |
| Average Home Value | $614,677 |
Housing Distribution
Address Breakdown
Residential
20,685
Single Family
5,951
Multi-Family
14,734
Businesses
596
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