400 W Baseline Rd #297TempeAZ85283
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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
Rental property for sale in Tempe at 400 W Baseline Rd #297, Tempe, AZ, 85283 generates $1,572/mo in rent and, after a $1,106/mo payment, leaves $236/mo in cash flow. Total monthly income is $1,572/mo, and annual cash flow is $2,836/yr on $74,886 invested. Return on cash invested sits at 23.7% in year one, and rental yield is 8.35% on a $225,900 entry. Equity gained on principal adds $1,458/yr, while 5% annual appreciation builds toward $62,412 over five years. Five-year ROI reaches 122.83% and total cumulative return in cash sums $91,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,572/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
N/A 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
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