1081 W 1st St UNIT 18TempeAZ85281
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 Tempe at 1081 W 1st St UNIT 18, Tempe, AZ, 85281 earns $95/mo cash flow from $2,956/mo rent with a $2,105/mo payment. Total monthly income totals $2,956/mo, and annual cash flow totals $1,138/yr on $142,545 capital. ROI tracks 20.71% on current figures, and rental yield reads 8.25% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 107.72% and total cumulative return in cash sums $153,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,956/mo property income instead of your personal income.
Apartment
Built in 2002
2,673 sqft lot
$N/A/sqft
$319 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85281, Tempe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,459 (100%) |
| Owner Occupied HU | 3,724 (13.1%) |
| Renter Occupied HU | 21,368 (75.1%) |
| Vacant Housing Units | 3,367 (11.8%) |
| Median Home Value | $433,071 |
| Average Home Value | $478,334 |
Housing Distribution
Address Breakdown
Residential
19,294
Single Family
6,916
Multi-Family
12,378
Businesses
2,100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Williamson • Citiea
Mls Name: ARMLS
Mls Provider:
Mls ID: #6855243
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