1332 E Redfield RdTempeAZ85283
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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
Rental property for sale in Tempe at 1332 E Redfield Rd, Tempe, AZ, 85283 offers $3,368/mo rent that, after a $2,398/mo payment, leaves $472/mo cash flow. Total monthly income is $3,368/mo, and annual cash flow is $5,662/yr on $162,435 cash. Return on cash invested measures 23.39% in year one, and rental yield stands at 8.25% at a $490,000 entry. Equity gained on principal adds $3,162/yr while 5% annual appreciation compounds into $135,378 by year five. Five-year ROI records 121.16% and total cumulative return in cash reaches $196,812. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,368/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
7,375 sqft lot
$N/A/sqft
No 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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