Under $300K Investment Properties for Sale in Tempe, AZ
Listed for sale 5 days ago
$ 299,500
ROI
26.6
Cash Flow/m
573- 2 Bed
- 2 Bath
- 884 sft
3306 S PARKSIDE Drive, Tempe, AZ, 85282
$ 235,000
ROI
25.9Cash Flow/m
401- 2 Bed
- 2 Bath
- 1037 sft
904 S MELODY Lane, Tempe, AZ, 85281
$ 255,000
ROI
20.3Cash Flow/m
41- 2 Bed
- 1 Bath
- 792 sft
952 E DIAMOND Drive, Tempe, AZ, 85283
$ 269,900
ROI
22.3Cash Flow/m
191- 2 Bed
- 3 Bath
- 1056 sft
1324 S JUDD Street, Tempe, AZ, 85281
Why Invest in Tempe, Arizona?
Investing in Tempe, AZ, offers exciting opportunities, especially for homes priced under $300k. The city boasts an attractive rental yield of around 5% and a cap rate close to 6%, making it a solid choice for investors seeking valuable long-term returns. With an average cash flow of $200 per month and a growing population, Tempe is poised for continued appreciation.
8%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties priced under $300k in Tempe is approximately $1,500 per month, making it an attractive option for renters.
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