9628 E Olla AveMesaAZ85212
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 9628 E Olla Ave, Mesa, AZ, 85212 generates $3,442/mo in rent and, after a $2,525/mo payment, leaves $330/mo in cash flow. Total monthly income is $3,442/mo, and annual cash flow is $3,954/yr on $169,731 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8.01% on a $515,900 entry. Equity gained on principal adds $3,329/yr, while 5% annual appreciation builds toward $142,534 over five years. Five-year ROI reaches 115.91% and total cumulative return in cash sums $196,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,442/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
7,137 sqft lot
$N/A/sqft
$189 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85212, Mesa, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,242 (100%) |
| Owner Occupied HU | 17,439 (78.4%) |
| Renter Occupied HU | 3,405 (15.3%) |
| Vacant Housing Units | 1,398 ( 6.3%) |
| Median Home Value | $585,992 |
| Average Home Value | $614,677 |
Housing Distribution
Address Breakdown
Residential
20,685
Single Family
5,951
Multi-Family
14,734
Businesses
596
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Listed by: Marvin Martinez-Sanchez • Limitless Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6810628
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