631 W Fogal WayTempeAZ85282
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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 631 W Fogal Way, Tempe, AZ, 85282 priced at $480,000 converts $2,736/mo rent into after a $2,349/mo obligation. Total monthly income equals $2,736/mo. Return on cash invested prints 19.15% in year one, and rental yield reads 6.84% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 98.38% and total cumulative return in cash sums $156,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,736/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1978
8,359 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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