1908 E Rhea RdTempeAZ85284
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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 1908 E Rhea Rd, Tempe, AZ, 85284 generates $2,675/mo in rent, after a $2,374/mo payment. Total monthly income is $2,675/mo. Return on cash invested sits at 17.01% in year one, and rental yield is 6.62% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 87.48% and total cumulative return in cash sums $140,642. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,675/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
3,637 sqft lot
$N/A/sqft
$1,178 semi-annually 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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