7230 E Mayo Blvd #4017ScottsdaleAZ85255
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.62% gross rental yield, 7230 E Mayo Blvd #4017, Scottsdale, AZ, 85255 in Scottsdale is priced for capital growth, not immediate cash flow. The $957,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $264,401 by year five, with $8,814/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.49) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $79,978.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 4.2% |
| Monthly Cash Flow | $(4,438) | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,087 |
| Total Monthly Debt Service | $6,144 |
| DSCR Ratio | 0.34x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2027
7.88 Acres lot
$N/A/sqft
$868 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85255, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,483 (100%) |
| Owner Occupied HU | 15,546 (63.5%) |
| Renter Occupied HU | 5,244 (21.4%) |
| Vacant Housing Units | 3,693 (15.1%) |
| Median Home Value | $944,747 |
| Average Home Value | $1,113,441 |
Housing Distribution
Address Breakdown
Residential
23,562
Single Family
3,421
Multi-Family
20,141
Businesses
1,932
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 2027
7.88 Acres lot
$N/A/sqft
$868 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85255, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,483 (100%) |
| Owner Occupied HU | 15,546 (63.5%) |
| Renter Occupied HU | 5,244 (21.4%) |
| Vacant Housing Units | 3,693 (15.1%) |
| Median Home Value | $944,747 |
| Average Home Value | $1,113,441 |
Housing Distribution
Address Breakdown
Residential
23,562
Single Family
3,421
Multi-Family
20,141
Businesses
1,932
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Johnson • Polaris Pacific of AZ
Mls Name: ARMLS
Mls Provider:
Mls ID: #6971684
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.