6137 E Paradise 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
Rental property for sale in Scottsdale at 6137 E Paradise Dr, Scottsdale, AZ, 85254 generates $7,760/mo in rent, after a $9,777/mo payment. Total monthly income is $7,760/mo. Return on cash invested sits at 12.03% in year one, and rental yield is 4.66% on a $1,997,500 entry. Equity gained on principal adds $12,890/yr, while 5% annual appreciation builds toward $551,872 over five years. Five-year ROI reaches 60.43% and total cumulative return in cash sums $391,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,760/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.81 Acres lot
$N/A/sqft
$450 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: Jeff Zieky • Berkshire Hathaway HomeServices Arizona Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6843128
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