6812 E Monterra WayScottsdaleAZ85266
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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 6812 E Monterra Way, Scottsdale, AZ, 85266 generates $6,139/mo in rent, after a $8,688/mo payment. Total monthly income is $6,139/mo. Return on cash invested sits at 11.29% in year one, and rental yield is 4.15% on a $1,775,000 entry. Equity gained on principal adds $11,454/yr, while 5% annual appreciation builds toward $490,400 over five years. Five-year ROI reaches 56.13% and total cumulative return in cash sums $322,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,139/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.02 Acres lot
$N/A/sqft
No 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: Laura Myers • Keller Williams Arizona Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6751597
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