200 E Southern Ave UNIT 226TempeAZ85282
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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 200 E Southern Ave UNIT 226, Tempe, AZ, 85282 generates $1,601/mo in rent and, after a $876/mo payment, leaves $280/mo in cash flow. Total monthly income is $1,601/mo, and annual cash flow is $3,360/yr on $59,339 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 10.73% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 134.85% and total cumulative return in cash sums $80,019. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,601/mo property income rather than buyer’s personal income.
Condo
Built in 1986
1,202 sqft lot
$N/A/sqft
$263 monthly 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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