155 W Palomino DrTempeAZ85284
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
Rental property for sale in Tempe at 155 W Palomino Dr, Tempe, AZ, 85284 offers $3,587/mo rent that, after a $3,211/mo payment. Total monthly income is $3,587/mo. Return on cash invested measures 17.88% in year one, and rental yield stands at 6.56% at a $656,000 entry. Equity gained on principal adds $4,233/yr while 5% annual appreciation compounds into $181,241 by year five. Five-year ROI records 91.76% and total cumulative return in cash reaches $198,037. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,587/mo property income versus a $3,211/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
8,969 sqft lot
$N/A/sqft
$102 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85284, Tempe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,417 (100%) |
| Owner Occupied HU | 5,939 (80.1%) |
| Renter Occupied HU | 1,301 (17.5%) |
| Vacant Housing Units | 177 ( 2.4%) |
| Median Home Value | $658,118 |
| Average Home Value | $726,403 |
Housing Distribution
Address Breakdown
Residential
7,423
Single Family
6,097
Multi-Family
1,326
Businesses
1,589
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