OFF_MARKETExcellent Deal1 days on market

1433 S RITA Lane

1433 S RITA Lane, Tempe, AZ 85281, Tempe, AZ 85281
$440,000
Zestimate®:$391,300

Listing Price

Property image 1
1433 S RITA Lane, Tempe, AZ 85281
Loc: Tempe, AZ
Days Listed
1
Tax Assessed
$244k
Zestimate®
$391k
Market Rate
Lot Size
7,500 sqft
Rent Estimate
$1,741/mo
Est. Cash Flow base
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.

4

Curry Elementary School

K-5
1.3 mi away
3

Connolly Middle School

6-8
1.4 mi away
8

McClintock High School

9-12
1.2 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
7.70%
Total ROI
28.2%
Cash Flow
$599/mo
DSCR
1.27
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-21Listing removed$399,000$520
2026-07-08Price change$399,000$520
2026-06-02Price change$405,000$527
2026-05-14Price change$420,000$547
2026-05-05Pending sale$440,000$573
2026-03-05Listed for sale$440,000$573
2026-02-20Listing removed$450,000$586
2026-02-14Listed for sale$450,000$586
2026-02-11Listing removed$450,000$586
2026-02-02Listed for sale$450,000$586

Tax History

YearProperty TaxTax Assessment
2025$861.4$24,370
2024$805.06$27,210
2023$795.54$6,547
2022$766.2$17,600
2021$1,400.06$17,880
2020$733.9$15,120
2019$715.72$11,620
2018$715.72$9,580
2017$694.34$8,420
2016$662.2$6,610
2015$640.68$5,500
2014$0$4,220
2013$0$4,220
2012$0$5,450
2011$0$7,570
2010$0$9,610
2009$0$11,070
2008$0$11,050
2007$0$9,800
2006$0$7,200
2005$0$7,200
2004$0$6,450
2003$0$6,450
2002$0$4,700
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
768
Built
1957
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: $440,000Rent Basis: Observed Comp Model ($1,741/mo)State Tax Benchmark: 0.62% (AZ)Hazard Reserve: $128/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.96%

NOI: $13,040/yr

Cash-on-Cash Yield
-14.2%

On $101,200 invested

DSCR Ratio
0.48x

Negative debt coverage

5-Yr Leveraged ROI
+23.3%

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)-$126/mo
Homeowner / Hazard Insurance-$128/mo
Vacancy Reserve (5% of rent)-$87/mo
Repairs & Maintenance (10% of rent)-$174/mo
Property Management (8% of rent)-$139/mo
Total Pure Operating Expenses-$654/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,741/mo
Less: Operating Expenses-$654/mo
Net Operating Income (NOI)+$1,087/mo
Less: Debt Service (30yr @ 6.75%)-$2,283/mo
Net Cash Flow
$-1,196/mo
$-14,357/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Tempe.