Tenant-occupied investment opportunity in Phoenix, AZ! This 2-bedroom, 2-bath property offers 975 SqFt of living space with an existing tenant paying $1,250 per month. Located in the established 85017 area, this property provides immediate rental income with flexibility for a future value-add strategy or long-term buy-and-hold investment. With the current lease ending February 28, 2027, investors have an opportunity to evaluate future rental adjustments, improvements, or resale potential.
Notes:
Tenant occupied
Current rent: $1,250/month
Annual gross rental income: $15,000
Lease expires 2/28/2027
COE: 11/23/2026
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ARV $220,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $168,000.
