4918 E Michelle DrScottsdaleAZ85254
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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 4918 E Michelle Dr, Scottsdale, AZ, 85254 listed at $913,750 pairs $4,982/mo rent with a $4,472/mo payment. Total monthly income runs $4,982/mo. Return on cash invested measures 18.08% in year one, and rental yield registers 6.54% at a $913,750 basis. Equity gained on principal adds $5,896/yr, and annual property appreciation at 5% supports $252,452 by year five. Five-year ROI tracks 92.72% and total cumulative return in cash totals $278,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,982/mo property income relative to a $4,472/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
7,738 sqft lot
$N/A/sqft
$235 quarterly 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: Sindy M Ready • RE/MAX Excalibur
Mls Name: ARMLS
Mls Provider:
Mls ID: #6909921
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.