2134 E Broadway Rd UNIT 1062TempeAZ85282
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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 2134 E Broadway Rd UNIT 1062, Tempe, AZ, 85282 earns $36/mo cash flow from $2,255/mo rent with a $1,556/mo payment. Total monthly income totals $2,255/mo, and annual cash flow totals $428/yr on $105,417 capital. ROI tracks 20.32% on current figures, and rental yield reads 8.51% at a $318,000 purchase. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,858 over five years. Five-year ROI reaches 106.07% and total cumulative return in cash sums $111,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,255/mo property income instead of your personal income.
Condo
Built in 1997
128 sqft lot
$N/A/sqft
$340 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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