OFF_MARKETExcellent Deal132 days on market

1938 E GREENWAY Drive

1938 E GREENWAY Drive, Tempe, AZ 85282, Tempe, AZ 85282
$529,500
Zestimate®:$509,800

Listing Price

Property image 1
1938 E GREENWAY Drive, Tempe, AZ 85282
Loc: Tempe, AZ
Days Listed
132
Tax Assessed
$428k
Zestimate®
$510k
Market Rate
Lot Size
8,764 sqft
Rent Estimate
$2,909/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.

7

Fuller Elementary School

K-5
0.9 mi away
2

Fees College Preparatory Middle School

6-8
1.2 mi away
8

McClintock High School

9-12
0.9 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
$607/mo
DSCR
1.23
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-14Sold$505,000$257
2026-03-05Price change$529,500$269
2026-02-25Price change$529,900$270
2026-02-23Listed for sale$529,990$270
2026-02-13Pending sale$529,990$270
2026-02-11Price change$529,990$270
2026-02-09Price change$534,000$272
2026-02-04Price change$535,000$272
2026-01-28Price change$537,500$273
2026-01-21Price change$540,000$275
2026-01-14Price change$545,000$277
2026-01-02Price change$549,000$279
2025-12-03Price change$555,000$282
2025-11-20Price change$559,900$285
2025-11-11Price change$559,990$285
2025-11-05Price change$562,500$286
2025-10-16Listed for sale$565,000$287
2025-06-30Sold$420,000$214
1995-01-23Sold$96,000$49

Tax History

YearProperty TaxTax Assessment
2025$2,436.5$42,810
2024$1,967.14$45,560
2023$1,943.34$18,515
2022$1,864.82$29,250
2021$1,838.36$27,130
2020$1,803.16$25,830
2019$1,754.54$23,010
2018$1,754.54$21,700
2017$1,699.88$20,160
2016$1,636.28$20,020
2015$1,683.98$17,370
2014$0$13,630
2013$0$10,850
2012$0$12,380
2011$0$15,280
2010$0$18,280
2009$0$21,300
2008$0$22,400
2007$0$19,900
2006$0$13,900
2005$0$13,900
2004$0$13,150
2003$0$13,150
2002$0$10,900
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
1,966
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: $529,500Rent Basis: Observed Comp Model ($2,909/mo)State Tax Benchmark: 0.62% (AZ)Hazard Reserve: $154/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.23%

NOI: $22,377/yr

Cash-on-Cash Yield
-8.7%

On $121,785 invested

DSCR Ratio
0.68x

Negative debt coverage

5-Yr Leveraged ROI
+50.7%

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)-$221/mo
Homeowner / Hazard Insurance-$154/mo
Vacancy Reserve (5% of rent)-$145/mo
Repairs & Maintenance (10% of rent)-$291/mo
Property Management (8% of rent)-$233/mo
Total Pure Operating Expenses-$1,044/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,909/mo
Less: Operating Expenses-$1,044/mo
Net Operating Income (NOI)+$1,865/mo
Less: Debt Service (30yr @ 6.75%)-$2,747/mo
Net Cash Flow
$-883/mo
$-10,593/year
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1938 E GREENWAY Drive | Tempe, AZ | Haven AI Analysis | Haven by ScoutHavens