Illustrative Scenario: A Retiree Builds Passive Income With a Mesa Rental Property
“Linda” is a composite, hypothetical borrower profile — not a real, identified customer.
Linda retired from a corporate career and wanted to add a rental property in Mesa to supplement her retirement income. Without a current employer or W-2, she assumed mortgage financing would be difficult.
Illustrative approach
In this hypothetical scenario, because DSCR underwriting doesn't require employment verification, Linda's retirement status wasn't a barrier the way it might have been with a conventional loan.
Illustrative numbers
The Mesa single-family home was projected to rent for $2,100/month against an estimated $1,780 monthly payment — a DSCR of roughly 1.18 in this illustrative example, using a portion of her retirement savings for the down payment.
A consideration for retirees
Using retirement savings for a down payment carries real trade-offs and risk that depend on someone's full financial picture — this illustration is not a recommendation to do the same, and anyone considering this should speak with a qualified financial advisor first.
Get matched with a Mesa DSCR lender to explore your own scenario.