7120 E Kierland Blvd APT 404ScottsdaleAZ85254
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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 7120 E Kierland Blvd APT 404, Scottsdale, AZ, 85254 earns from $3,071/mo rent with a $3,492/mo payment. Total monthly income totals $3,071/mo. ROI tracks 14.2% on current figures, and rental yield reads 5.16% at a $713,500 purchase. Equity gained on principal adds $4,604/yr, and 5% annual appreciation supports $197,127 over five years. Five-year ROI reaches 71.83% and total cumulative return in cash sums $168,606. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,071/mo property income instead of your personal income.
Condo
Built in 2018
763 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85254, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,839 (100%) |
| Owner Occupied HU | 14,608 (64.0%) |
| Renter Occupied HU | 5,481 (24.0%) |
| Vacant Housing Units | 2,750 (12.0%) |
| Median Home Value | $691,065 |
| Average Home Value | $758,769 |
Housing Distribution
Address Breakdown
Residential
22,070
Single Family
14,461
Multi-Family
7,609
Businesses
1,610
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Listed by: Sinan Zakaria • LISTED SIMPLY
Mls Name: ARMLS
Mls ID: #6880956