8103 E Southern Ave #246MesaAZ85209
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 8103 E Southern Ave #246, Mesa, AZ, 85209 in Mesa achieves a 1.68 ratio at $115,000: $866/mo rent versus $517/mo debt service. Rental yield 9.59%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.59% yield compounds alongside 5% annual appreciation projecting $31,772 in value.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.5% |
| Monthly Cash Flow | $(751) | $450 |
City averages based on Mesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $866 |
| Total Monthly Debt Service | $1,624 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 1984
N/A lot
$N/A/sqft
$990 monthly HOA
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
Manufactured
Built in 1984
N/A lot
$N/A/sqft
$990 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices