6311 E Phoenician Blvd #21ScottsdaleAZ85251
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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 6311 E Phoenician Blvd #21, Scottsdale, AZ, 85251 projects strong ROI of 1.23%. Rental yield 1.17%. With 5% annual appreciation, the property builds $866,143 in value over five years. Equity growth combined delivers a projected five-year ROI of 2.52%, translating into $25,631 in total cumulative return on $1,015,740 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$728 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85251, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,269 (100%) |
| Owner Occupied HU | 10,332 (39.3%) |
| Renter Occupied HU | 11,651 (44.4%) |
| Vacant Housing Units | 4,286 (16.3%) |
| Median Home Value | $628,160 |
| Average Home Value | $737,287 |
Housing Distribution
Address Breakdown
Residential
24,405
Single Family
10,048
Multi-Family
14,357
Businesses
2,882
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Listed by: Stacy Fornara • Modern Portfolio Real Estate Services
Mls Name: ARMLS
Mls Provider:
Mls ID: #6766726
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