6408 E Gary RoadScottsdaleAZ85254
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6408 E Gary Road, Scottsdale, AZ, 85254 in Scottsdale. Rental yield 4.17%. At $1,320,000 with 4.17% gross yield, current distributions are modest, but the 5% appreciation rate projects $364,692 in new equity by year five, complemented by $12,157/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.77) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $291,962.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 4.2% |
| Monthly Cash Flow | $(3,216) | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,587 |
| Total Monthly Debt Service | $7,278 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
0.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1971
0.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: ARMLS
Mls ID: #6998630