930 N Mesa Dr UNIT 1003MesaAZ85201
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 930 N Mesa Dr UNIT 1003, Mesa, AZ, 85201 in Mesa. Rental yield 7.97%. The 1.48 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $59,925 and $1,998/yr in principal reduction project total return of $77,788.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.5% |
| Monthly Cash Flow | $(82) | $450 |
City averages based on Mesa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $1,436 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Apartment
Built in 1986
840 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85201, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,963 (100%) |
| Owner Occupied HU | 8,572 (40.9%) |
| Renter Occupied HU | 10,672 (50.9%) |
| Vacant Housing Units | 1,719 ( 8.2%) |
| Median Home Value | $367,804 |
| Average Home Value | $396,596 |
Housing Distribution
Address Breakdown
Residential
21,342
Single Family
10,049
Multi-Family
11,293
Businesses
1,119
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
Apartment
Built in 1986
840 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85201, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,963 (100%) |
| Owner Occupied HU | 8,572 (40.9%) |
| Renter Occupied HU | 10,672 (50.9%) |
| Vacant Housing Units | 1,719 ( 8.2%) |
| Median Home Value | $367,804 |
| Average Home Value | $396,596 |
Housing Distribution
Address Breakdown
Residential
21,342
Single Family
10,049
Multi-Family
11,293
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jane Belmont • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6768258
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