6902 E Cypress StScottsdaleAZ85257
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 6902 E Cypress St, Scottsdale, AZ, 85257 priced at $500,000 pairs $2,604/mo rent with after a $2,447/mo payment. Total monthly income equals $2,604/mo. Return on cash invested is 17.37% in year one, and rental yield stands at 6.25% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 88.83% and total cumulative return in cash reaches $147,236. For financing, Ziffy Mortgage’s DSCR program evaluates $2,604/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
8,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85257, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,213 (100%) |
| Owner Occupied HU | 9,061 (49.8%) |
| Renter Occupied HU | 7,421 (40.7%) |
| Vacant Housing Units | 1,731 ( 9.5%) |
| Median Home Value | $513,087 |
| Average Home Value | $525,796 |
Housing Distribution
Address Breakdown
Residential
16,173
Single Family
10,935
Multi-Family
5,238
Businesses
841
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Patten • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6864538
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.