9302 E Broadway Rd #184MesaAZ85208
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
Investment property for sale in Mesa at 9302 E Broadway Rd #184, Mesa, AZ, 85208 uses $36,465 cash to close to unlock $2,690/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $874/mo, and a $538/mo payment keeps the spread at $224/mo. Purchase price stands at $110,000, and rental yield measures 9.53% with $874/mo rent. Return on cash invested shows 27.29% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 142.16% and total cumulative return in cash records $51,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $874/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85208, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,496 (100%) |
| Owner Occupied HU | 13,263 (61.7%) |
| Renter Occupied HU | 3,740 (17.4%) |
| Vacant Housing Units | 4,493 (20.9%) |
| Median Home Value | $266,676 |
| Average Home Value | $308,314 |
Housing Distribution
Address Breakdown
Residential
16,813
Single Family
12,475
Multi-Family
4,338
Businesses
474
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanne Marie Lomastro • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6796287
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