7750 E Broadway Rd LOT 348MesaAZ85208
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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 7750 E Broadway Rd LOT 348, Mesa, AZ, 85208 uses $50,686 cash to close to unlock $427/yr annual cash flow and $36/mo monthly cash flow. Total monthly income runs $1,174/mo, and a $748/mo payment keeps the spread at $36/mo. Purchase price stands at $152,900, and rental yield measures 9.21% with $1,174/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 109.06% and total cumulative return in cash records $55,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,174/mo property income covering a $748/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
1,999 sqft lot
$N/A/sqft
$235 monthly 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
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Listed by: Sharon Liuzzo • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6788132
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