8351 S Homestead LnTempeAZ85284
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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 8351 S Homestead Ln, Tempe, AZ, 85284 earns from $4,020/mo rent with a $6,118/mo payment. Total monthly income totals $4,020/mo. ROI tracks 10.39% on current figures, and rental yield reads 3.86% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 51.32% and total cumulative return in cash sums $207,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,020/mo property income instead of your personal income.
Single Family
Built in 1998
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85284, Tempe, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,417 (100%) |
| Owner Occupied HU | 5,939 (80.1%) |
| Renter Occupied HU | 1,301 (17.5%) |
| Vacant Housing Units | 177 ( 2.4%) |
| Median Home Value | $658,118 |
| Average Home Value | $726,403 |
Housing Distribution
Address Breakdown
Residential
7,423
Single Family
6,097
Multi-Family
1,326
Businesses
1,589
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