4850 E Desert Cove Ave UNIT 132ScottsdaleAZ85254
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Scottsdale at 4850 E Desert Cove Ave UNIT 132, Scottsdale, AZ, 85254 uses $128,954 cash to close to unlock $1,770/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $2,765/mo, and a $1,904/mo payment keeps the spread at $148/mo. Purchase price stands at $389,000, and rental yield measures 8.53% with $2,765/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 110.93% and total cumulative return in cash records $143,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,765/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Apartment
Built in 1988
113 sqft lot
$N/A/sqft
$318 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85254, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,839 (100%) |
| Owner Occupied HU | 14,608 (64.0%) |
| Renter Occupied HU | 5,481 (24.0%) |
| Vacant Housing Units | 2,750 (12.0%) |
| Median Home Value | $691,065 |
| Average Home Value | $758,769 |
Housing Distribution
Address Breakdown
Residential
22,070
Single Family
14,461
Multi-Family
7,609
Businesses
1,610
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Listed by: Wesley Evans • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6810907
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010