7240 E Belleview StScottsdaleAZ85257
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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 7240 E Belleview St, Scottsdale, AZ, 85257 listed at $1,066,666 pairs $5,098/mo rent with a $5,221/mo payment. Total monthly income runs $5,098/mo. Return on cash invested measures 16.18% in year one, and rental yield registers 5.74% at a $1,066,666 basis. Equity gained on principal adds $6,883/yr, and annual property appreciation at 5% supports $294,700 by year five. Five-year ROI tracks 82.36% and total cumulative return in cash totals $284,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,098/mo property income relative to a $5,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1962
7,020 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85257, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,213 (100%) |
| Owner Occupied HU | 9,061 (49.8%) |
| Renter Occupied HU | 7,421 (40.7%) |
| Vacant Housing Units | 1,731 ( 9.5%) |
| Median Home Value | $513,087 |
| Average Home Value | $525,796 |
Housing Distribution
Address Breakdown
Residential
16,173
Single Family
10,935
Multi-Family
5,238
Businesses
841
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Listed by: Jackson Everhart • Orion Investment Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6774730
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