1171 E Vaughn St UNIT ATempeAZ85283
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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 1171 E Vaughn St UNIT A, Tempe, AZ, 85283 uses $104,721 cash to close to unlock $2,554/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $2,263/mo, and a $1,546/mo payment keeps the spread at $213/mo. Purchase price stands at $315,900, and rental yield measures 8.6% with $2,263/mo rent. Return on cash invested shows 22.35% in year one, and 5% annual appreciation builds toward $87,277 over five years. Five-year ROI reaches 116.31% and total cumulative return in cash records $121,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,263/mo property income covering a $1,546/mo payment rather than investor’s personal income.
Apartment
Built in 1973
0.33 Acres lot
$N/A/sqft
$183 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85283, Tempe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,888 (100%) |
| Owner Occupied HU | 9,799 (51.9%) |
| Renter Occupied HU | 8,209 (43.5%) |
| Vacant Housing Units | 880 ( 4.7%) |
| Median Home Value | $461,845 |
| Average Home Value | $509,380 |
Housing Distribution
Address Breakdown
Residential
18,992
Single Family
11,225
Multi-Family
7,767
Businesses
1,123
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Listed by: Jeffrey Jonderko • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6808278
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