7117 E Rancho Vista Dr UNIT 3010ScottsdaleAZ85251
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Scottsdale rentals match the income profile of 7117 E Rancho Vista Dr UNIT 3010, Scottsdale, AZ, 85251. Listed at $590,000, gross rent is $5,140/mo and net cash flow is $702/mo, a 10.45% yield well above national averages. DSCR 1.94 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $163,006 by year five with $5,434/yr in annual principal reduction, projecting $272,377 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 4.2% |
| Monthly Cash Flow | $702 | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,140 |
| Total Monthly Debt Service | $4,203 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 2011
1,304 sqft lot
$N/A/sqft
$950 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
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
Condo
Built in 2011
1,304 sqft lot
$N/A/sqft
$950 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica McClurg • RETSY
Mls Name: ARMLS
Mls Provider:
Mls ID: #6878584
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.