6486 E Oberlin WayScottsdaleAZ85266
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
Investment Highlights
Rental property for sale in Scottsdale at 6486 E Oberlin Way, Scottsdale, AZ, 85266 priced at $1,999,000 converts $6,880/mo rent into after a $9,784/mo obligation. Total monthly income equals $6,880/mo. Return on cash invested prints 10.98% in year one, and rental yield reads 4.13% against a $1,999,000 entry. Equity gained on principal adds $12,899/yr, while 5% annual appreciation compiles into $552,287 by year five. Five-year ROI reaches 54.59% and total cumulative return in cash sums $353,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,880/mo property income covering a $9,784/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.89 Acres lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85266, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,678 (100%) |
| Owner Occupied HU | 5,157 (77.2%) |
| Renter Occupied HU | 247 ( 3.7%) |
| Vacant Housing Units | 1,274 (19.1%) |
| Median Home Value | $941,338 |
| Average Home Value | $1,117,185 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
2,636
Multi-Family
3,646
Businesses
155
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Listed by: Colleen Malley Schwartz • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6792047
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