122 S Hardy Dr APT 7TempeAZ85281
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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 122 S Hardy Dr APT 7, Tempe, AZ, 85281 listed at $272,500 pairs $2,299/mo rent with a $1,334/mo payment to leave $517/mo cash flow. Total monthly income runs $2,299/mo, and annual cash flow reaches $6,204/yr on $90,334 cash to close. Return on cash invested measures 26.78% in year one, and rental yield registers 10.12% at a $272,500 basis. Equity gained on principal adds $1,758/yr, and annual property appreciation at 5% supports $75,287 by year five. Five-year ROI tracks 140.11% and total cumulative return in cash totals $126,570. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,299/mo property income relative to a $1,334/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1981
54 sqft lot
$N/A/sqft
$171 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
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