200 E Southern Ave UNIT 250TempeAZ85282
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
Investment property for sale in Tempe at 200 E Southern Ave UNIT 250, Tempe, AZ, 85282 offers a 8.72% rental yield on a $249,900 purchase with $1,816/mo rent. Total monthly income registers $1,816/mo, and a $1,223/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,067/yr on $82,842 to close, and return on cash invested stands at 24.82% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 128.79% and total cumulative return in cash at $106,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,816/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1986
1,202 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices