6021 E Phelps RdScottsdaleAZ85254
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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
Rental property for sale in Scottsdale at 6021 E Phelps Rd, Scottsdale, AZ, 85254 generates $5,653/mo in rent, after a $8,198/mo payment. Total monthly income is $5,653/mo. Return on cash invested sits at 10.98% in year one, and rental yield is 4.05% on a $1,675,000 entry. Equity gained on principal adds $10,809/yr, while 5% annual appreciation builds toward $462,772 over five years. Five-year ROI reaches 54.48% and total cumulative return in cash sums $295,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,653/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.27 Acres 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: Henry Wang • eXp Realty
Mls Name: ARMLS
Mls ID: #6905329