7180 E Kierland Blvd #516ScottsdaleAZ85254
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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
Total monthly income runs $5,125/mo, and a $9,569/mo payment. Purchase price stands at $1,955,000, and rental yield measures 3.15% with $5,125/mo rent. Return on cash invested shows 8.19% in year one, and 5% annual appreciation builds toward $540,130 over five years. Five-year ROI reaches 39.5% and total cumulative return in cash records $250,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,125/mo property income covering a $9,569/mo payment rather than investor’s personal income.
Apartment
Built in 2021
1,956 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: Katrina Barrett • Local Luxury Christie's International Real Estate
Mls Name: ARMLS
Mls ID: #6964053