908 S KachinaMesaAZ85204
Nearby investment properties with comparable rents
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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
Rental property for sale in Mesa at 908 S Kachina, Mesa, AZ, 85204 priced at $459,999 converts $1,967/mo rent into after a $2,251/mo obligation. Total monthly income equals $1,967/mo. Return on cash invested prints 13.99% in year one, and rental yield reads 5.13% against a $459,999 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,089 by year five. Five-year ROI reaches 70.77% and total cumulative return in cash sums $107,917. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,967/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1974
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85204, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,734 (100%) |
| Owner Occupied HU | 14,311 (55.6%) |
| Renter Occupied HU | 9,482 (36.8%) |
| Vacant Housing Units | 1,941 ( 7.5%) |
| Median Home Value | $371,164 |
| Average Home Value | $418,248 |
Housing Distribution
Address Breakdown
Residential
22,727
Single Family
15,078
Multi-Family
7,649
Businesses
1,338
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Listed by: Mario Moreno • ProSmart Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6858973
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