2012 N Van Ness AveTempeAZ85281
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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 2012 N Van Ness Ave, Tempe, AZ, 85281 generates $3,672/mo in rent and, after a $2,932/mo payment, leaves $131/mo in cash flow. Total monthly income is $3,672/mo, and annual cash flow is $1,572/yr on $197,071 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 7.36% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 107.56% and total cumulative return in cash sums $211,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,672/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
5,994 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85281, Tempe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,459 (100%) |
| Owner Occupied HU | 3,724 (13.1%) |
| Renter Occupied HU | 21,368 (75.1%) |
| Vacant Housing Units | 3,367 (11.8%) |
| Median Home Value | $433,071 |
| Average Home Value | $478,334 |
Housing Distribution
Address Breakdown
Residential
19,294
Single Family
6,916
Multi-Family
12,378
Businesses
2,100
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