313 E Westchester DrTempeAZ85283
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
Rental property for sale in Tempe at 313 E Westchester Dr, Tempe, AZ, 85283 priced at $495,000 pairs $2,630/mo rent with after a $2,423/mo payment. Total monthly income equals $2,630/mo. Return on cash invested is 17.74% in year one, and rental yield stands at 6.38% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 90.85% and total cumulative return in cash reaches $149,086. For financing, Ziffy Mortgage’s DSCR program evaluates $2,630/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
7,383 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85283, Tempe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,888 (100%) |
| Owner Occupied HU | 9,799 (51.9%) |
| Renter Occupied HU | 8,209 (43.5%) |
| Vacant Housing Units | 880 ( 4.7%) |
| Median Home Value | $461,845 |
| Average Home Value | $509,380 |
Housing Distribution
Address Breakdown
Residential
18,992
Single Family
11,225
Multi-Family
7,767
Businesses
1,123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Getz • West USA Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6844531
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