930 N Mesa Dr UNIT 1079MesaAZ85201
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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 930 N Mesa Dr UNIT 1079, Mesa, AZ, 85201 uses $77,903 cash to close to unlock $1,717/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,762/mo, and a $1,150/mo payment keeps the spread at $143/mo. Purchase price stands at $235,000, and rental yield measures 9% with $1,762/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 115.64% and total cumulative return in cash records $90,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,762/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1986
1,078 sqft lot
$N/A/sqft
$230 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
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