FOR_SALEExcellent Deal1 days on market

1906 E CAROLINE Lane

1906 E CAROLINE Lane, Tempe, AZ 85284, Tempe, AZ 85284
$665,000

Listing Price

Property image 1
1906 E CAROLINE Lane, Tempe, AZ 85284
Loc: Tempe, AZ
Days Listed
1
Tax Assessed
$505k
Lot Size
9,405 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

Kyrene del Cielo School

PK-5
0.7 mi away
6

Kyrene Aprende Middle School

4-8
1.3 mi away
8

Corona Del Sol High School

9-12
1.1 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
7.55%
Total ROI
27.4%
Cash Flow
$821/mo
DSCR
1.24
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-07Price change$665,000$288
2026-06-11Price change$679,000$294
2026-04-22Price change$699,000$302
2026-03-19Price change$719,000$311
2026-03-05Listed for sale$725,000$314
2025-02-12Listing removed$3,400$1
2025-01-04Listed for rent$3,400$1
2024-01-31Listing removed$0
2024-01-10Listed for rent$3,350$1
2024-01-09Listing removed$0
2023-12-27Price change$3,350$1
2023-12-08Listed for rent$3,500$2
2018-04-27Sold$419,000$181
2018-03-12Listed for sale$424,900$184

Tax History

YearProperty TaxTax Assessment
2025$3,902.44$50,480
2024$3,782.54$54,620
2023$3,151.5$32,611
2022$3,003.28$37,510
2021$3,046.1$35,410
2020$2,949.82$33,010
2019$2,850.64$31,510
2018$2,850.64$29,950
2017$2,732.94$29,230
2016$2,560.06$30,080
2015$2,473.04$27,310
2014$0$21,650
2013$0$19,110
2012$0$20,350
2011$0$23,430
2010$0$27,360
2009$0$30,710
2008$0$31,650
2007$0$28,150
2006$0$18,900
2005$0$18,900
2004$0$18,050
2003$0$18,050
2002$0$14,900
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
2,312
Built
1983
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: $665,000Rent Basis: Modeled Estimate ($5,320/mo)State Tax Benchmark: 0.62% (AZ)Hazard Reserve: $194/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.57%

NOI: $43,699/yr

Cash-on-Cash Yield
1.5%

On $152,950 invested

DSCR Ratio
1.06x

Tight qualification

5-Yr Leveraged ROI
+101.7%

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)-$261/mo
Homeowner / Hazard Insurance-$194/mo
Vacancy Reserve (5% of rent)-$266/mo
Repairs & Maintenance (10% of rent)-$532/mo
Property Management (8% of rent)-$426/mo
Total Pure Operating Expenses-$1,678/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,320/mo
Less: Operating Expenses-$1,678/mo
Net Operating Income (NOI)+$3,642/mo
Less: Debt Service (30yr @ 6.75%)-$3,451/mo
Net Cash Flow
$191/mo
$2,293/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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