1890 E Palmcroft DrTempeAZ85282
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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 1890 E Palmcroft Dr, Tempe, AZ, 85282 priced at $743,000 converts $4,920/mo rent into $528/mo cash flow after a $3,637/mo obligation. Total monthly income equals $4,920/mo, and annual cash flow totals $6,331/yr on $244,447 invested. Return on cash invested prints 22.65% in year one, and rental yield reads 7.95% against a $743,000 entry. Equity gained on principal adds $4,794/yr, while 5% annual appreciation compiles into $205,277 by year five. Five-year ROI reaches 117.14% and total cumulative return in cash sums $286,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,920/mo property income covering a $3,637/mo payment, not borrower’s personal income.
Single Family
Built in 1964
8,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85282, Tempe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,734 (100%) |
| Owner Occupied HU | 11,190 (47.1%) |
| Renter Occupied HU | 10,883 (45.9%) |
| Vacant Housing Units | 1,661 ( 7.0%) |
| Median Home Value | $454,667 |
| Average Home Value | $481,541 |
Housing Distribution
Address Breakdown
Residential
23,610
Single Family
14,057
Multi-Family
9,553
Businesses
2,420
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Listed by: Angelica Celaya Rodriguez • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6812675
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