OFF_MARKETExcellent Deal0 days on market

1204 E STEAMBOAT BEND Drive

1204 E STEAMBOAT BEND Drive, Tempe, AZ 85283, Tempe, AZ 85283
$620,000

Listing Price

Property image 1
1204 E STEAMBOAT BEND Drive, Tempe, AZ 85283
Loc: Tempe, AZ
Days Listed
0
Tax Assessed
$518k
Lot Size
8,433 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Rover Elementary School

PK-8
0.4 mi away
5

Marcos De Niza High School

9-12
0.7 mi away
2

Fees College Preparatory Middle School

6-8
0.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.44%
Total ROI
26.9%
Cash Flow
$711/mo
DSCR
1.23
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-05Listed for sale$699,000$288
2021-03-02Sold$515,000$212
2021-02-01Pending sale$524,000$216
2021-01-22Listed for sale$524,000$216
2021-01-19Listing removed$0

Tax History

YearProperty TaxTax Assessment
2025$3,444.3$51,780
2024$3,199.2$54,580
2023$3,160.5$30,111
2022$3,032.82$36,660
2021$2,989.76$34,850
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
2
Sq Ft
2,429
Built
1974
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $620,000Rent Basis: Modeled Estimate ($4,960/mo)State Tax Benchmark: 0.62% (AZ)Hazard Reserve: $181/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.52%

NOI: $40,448/yr

Cash-on-Cash Yield
1.3%

On $142,600 invested

DSCR Ratio
1.05x

Tight qualification

5-Yr Leveraged ROI
+100.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.62% of basis)-$268/mo
Homeowner / Hazard Insurance-$181/mo
Vacancy Reserve (5% of rent)-$248/mo
Repairs & Maintenance (10% of rent)-$496/mo
Property Management (8% of rent)-$397/mo
Total Pure Operating Expenses-$1,589/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,960/mo
Less: Operating Expenses-$1,589/mo
Net Operating Income (NOI)+$3,371/mo
Less: Debt Service (30yr @ 6.75%)-$3,217/mo
Net Cash Flow
$154/mo
$1,843/year
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