2609 W Southern Ave #221TempeAZ85282
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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 2609 W Southern Ave #221, Tempe, AZ, 85282 listed at $112,900 pairs $891/mo rent with a $553/mo payment to leave $223/mo cash flow. Total monthly income runs $891/mo, and annual cash flow reaches $2,679/yr on $37,426 cash to close. Return on cash invested measures 27.07% in year one, and rental yield registers 9.47% at a $112,900 basis. Equity gained on principal adds $729/yr, and annual property appreciation at 5% supports $31,192 by year five. Five-year ROI tracks 140.94% and total cumulative return in cash totals $52,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $891/mo property income relative to a $553/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2006
2,500 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
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Listed by: John H Reckard • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6782451
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