194 W Sunburst LnTempeAZ85284
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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 194 W Sunburst Ln, Tempe, AZ, 85284 priced at $924,900 pairs $3,179/mo rent with after a $4,527/mo payment. Total monthly income equals $3,179/mo. Return on cash invested is 10.21% in year one, and rental yield stands at 4.12% on a $924,900 basis. Equity gained on principal adds $5,968/yr, and 5% annual appreciation accumulates to $255,533 by year five. Five-year ROI measures 50.72% and total cumulative return in cash reaches $154,325. For financing, Ziffy Mortgage’s DSCR program evaluates $3,179/mo property income against a $4,527/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.29 Acres lot
$N/A/sqft
$630 quarterly 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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Listed by: Nick C Steffes • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6854238
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