Under $500K 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
Listed for sale 5 days ago
$ 310,000
ROI
29.9Cash Flow/m
871- 3 Bed
- 2 Bath
- 1088 sft
1029 W LAGUNA Drive, Tempe, AZ, 85282
Listed for sale 7 days ago
$ 475,000
ROI
22.0Cash Flow/m
289- 3 Bed
- 2 Bath
- 1217 sft
1912 E VELVET Drive, Tempe, AZ, 85284
Listed for sale 7 days ago
$ 449,900
ROI
21.9Cash Flow/m
263- 3 Bed
- 2 Bath
- 1250 sft
5709 S PALM Drive, Tempe, AZ, 85283
Why Invest in Tempe, Arizona?
Tempe, AZ, offers promising investment opportunities with homes under $500k. With a growing job market and a vibrant community, investors can benefit from a strong rental yield and consistent cash flow. The average rent is competitive, making it an attractive location for renters and providing potential for future appreciation.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The rental market in Tempe is robust, with an average rent of approximately $1,600 per month and a rental growth rate of 4% annually.
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