8828 E Des Moines StMesaAZ85207
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 8828 E Des Moines St, Mesa, AZ, 85207 generates $2,610/mo in rent and, after a $2,070/mo payment, leaves $44/mo in cash flow. Total monthly income is $2,610/mo, and annual cash flow is $527/yr on $140,225 invested. Return on cash invested sits at 20.29% in year one, and rental yield is 7.4% on a $423,000 entry. Equity gained on principal adds $2,730/yr, while 5% annual appreciation builds toward $116,867 over five years. Five-year ROI reaches 104.69% and total cumulative return in cash sums $146,797. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,610/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
6,867 sqft lot
$N/A/sqft
$66 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Huff • Your Realty Office
Mls Name: ARMLS
Mls Provider:
Mls ID: #6874852
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