2123 E Ellis DrTempeAZ85282
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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
Investment property for sale in Tempe at 2123 E Ellis Dr, Tempe, AZ, 85282 at $370,000 posts ROI 17.48% with from $2,168/mo rent. Total monthly income equals $2,168/mo. Return on cash invested measures 17.48% and rental yield reads 7.03% at the current $370,000. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 by year five. Five-year ROI prints 90.27% and total cumulative return in cash totals $110,717. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,168/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1973
3,337 sqft lot
$N/A/sqft
$229 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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Listed by: Braxton J Rice • LPT Realty, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6851008
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