6803 E Main St UNIT 5506ScottsdaleAZ85251
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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 6803 E Main St UNIT 5506, Scottsdale, AZ, 85251 earns from $3,335/mo rent with a $2,932/mo payment. Total monthly income totals $3,335/mo. ROI tracks 9.85% on current figures, and rental yield reads 6.68% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 51.8% and total cumulative return in cash sums $102,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,335/mo property income instead of your personal income.
Condo
Built in 2008
1,280 sqft lot
$N/A/sqft
$1,470 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: Charlene Malaska • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6882165
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.