280 S Evergreen RdTempeAZ85281
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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 280 S Evergreen Rd, Tempe, AZ, 85281 at $363,100 posts ROI 20.49% with $58/mo cash flow from $2,359/mo rent. Total monthly income equals $2,359/mo, and annual cash flow records $694/yr on $120,368 to close. Return on cash invested measures 20.49% and rental yield reads 7.8% at the current $363,100. Equity gained on principal adds $2,343/yr, and 5% annual appreciation supports $100,318 by year five. Five-year ROI prints 106.12% and total cumulative return in cash totals $127,739.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,359/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Apartment
Built in 2006
685 sqft lot
$N/A/sqft
$155 monthly 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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