Investor purchase activity, drawn from the last 12 months of records.
Data last updated
In Mesa (85204), investors own about 445 tracked properties across 118 active buyers, with a median investor purchase price near $385,000. 87 were acquired in the last 12 months.
Acquisition pace is cooling: 87 properties bought in the last 12 months against roughly 125 the year before, down about 30%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
57.8% of tracked activity in 85204 is buy & hold. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
The median investor-owned home was built around 1981. About 42.2% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
85204 has 118 active cash buyers holding roughly 445 properties. Averaging below 0.7 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Typical deal size in 85204 sits around $385,000. An average of $2,274,000 against that median means a handful of large purchases are skewing the mean. Use the median when you price, or you will aim high and lose the middle of the market.
Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.