For SaleRisky Deal9 days on market
218 E CAIRO Drive
218 E CAIRO Drive, Tempe, AZ 85282, Tempe, AZ 85282
$625,000
Estimate®:$610,600
Listing Price
218 E CAIRO Drive, Tempe, AZ 85282
Loc: Tempe, AZ
Days Listed
9
Tax Assessed
$414k
Estimate®
$611k
Market Rate
Lot Size
7,501 sqft
Rent Estimate
$3,003/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.
9
Broadmor Elementary School
K-5
0.5 mi away
3
Connolly Middle School
6-8
2.1 mi away
5
Tempe High School
9-12
0.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storymodern renovationattached garagesolar panelsxeriscapingpaver walkwayartificial turfwood privacy fencestucco exteriorneutral color palettedesert landscapingcurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.68%
Total ROI
38.8%
Cash Flow
$-1,326/mo
DSCR
0.59
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,326/mo net cash flow with a 3.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Tempe, AZ
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-14 | Listed for sale | $625,000 | $386 |
| 2026-04-22 | Sold | $367,419 | $227 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,010.56 | $41,370 |
| 2024 | $1,867.42 | $43,860 |
| 2023 | $1,844.9 | $17,577 |
| 2022 | $1,770.34 | $28,820 |
| 2021 | $1,745.14 | $25,770 |
| 2020 | $1,711.66 | $23,600 |
| 2019 | $1,665.64 | $22,630 |
| 2018 | $1,665.64 | $20,700 |
| 2017 | $1,613.74 | $19,100 |
| 2016 | $1,553.4 | $18,520 |
| 2015 | $1,625.16 | $16,420 |
| 2014 | $0 | $13,430 |
| 2013 | $0 | $10,300 |
| 2012 | $0 | $11,660 |
| 2011 | $0 | $14,820 |
| 2010 | $0 | $17,330 |
| 2009 | $0 | $20,160 |
| 2008 | $0 | $21,750 |
| 2007 | $0 | $19,350 |
| 2006 | $0 | $13,500 |
| 2005 | $0 | $13,500 |
| 2004 | $0 | $11,650 |
| 2003 | $0 | $11,650 |
| 2002 | $0 | $9,600 |
Similar Properties Nearby
Explore other investment opportunities in Tempe.