4850 E Desert Cove Ave UNIT 330ScottsdaleAZ85254
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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 330, Scottsdale, AZ, 85254 offers a 9.33% rental yield on a $345,000 purchase with $2,681/mo rent. Total monthly income registers $2,681/mo, and a $1,689/mo payment leaves $641/mo available for distribution. Annual cash flow reaches $7,695/yr on $114,368 to close, and return on cash invested stands at 26.64% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 138.59% and total cumulative return in cash at $158,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,681/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
113 sqft lot
$N/A/sqft
No 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: Alec Einhorn • HomeSmart
Mls Name: ARMLS
Mls ID: #6917395