309 E Huntington DrTempeAZ85282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 309 E Huntington Dr, Tempe, AZ, 85282 listed at $515,000 pairs $3,586/mo rent with a $2,521/mo payment to leave $241/mo cash flow. Total monthly income runs $3,586/mo, and annual cash flow reaches $2,897/yr on $169,435 cash to close. Return on cash invested measures 21.77% in year one, and rental yield registers 8.36% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 113.21% and total cumulative return in cash totals $191,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,586/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1972
1,699 sqft lot
$N/A/sqft
$300 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luiza Ramirez • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6852861
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