7120 E Kierland Blvd APT 709ScottsdaleAZ85254
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
Investment property for sale in Scottsdale at 7120 E Kierland Blvd APT 709, Scottsdale, AZ, 85254 listed at $809,000 pairs $3,071/mo rent with a $3,960/mo payment. Total monthly income runs $3,071/mo. Return on cash invested measures 10.27% in year one, and rental yield registers 4.56% at a $809,000 basis. Equity gained on principal adds $5,220/yr, and annual property appreciation at 5% supports $223,512 by year five. Five-year ROI tracks 51.51% and total cumulative return in cash totals $137,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,071/mo property income relative to a $3,960/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2018
771 sqft lot
$N/A/sqft
$460 monthly 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: Andrew Ash • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6833240
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