5704 E Aire Libre Ave UNIT 1038ScottsdaleAZ85254
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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 5704 E Aire Libre Ave UNIT 1038, Scottsdale, AZ, 85254 listed at $320,000 pairs $2,284/mo rent with a $1,566/mo payment to leave $139/mo cash flow. Total monthly income runs $2,284/mo, and annual cash flow reaches $1,664/yr on $106,080 cash to close. Return on cash invested measures 21.48% in year one, and rental yield registers 8.57% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 111.94% and total cumulative return in cash totals $118,743. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,284/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1985
532 sqft lot
$N/A/sqft
$254 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: Renee Epple • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6878917
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.