7308 N Via Camello Del Norte UNIT 88ScottsdaleAZ85258
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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 7308 N Via Camello Del Norte UNIT 88, Scottsdale, AZ, 85258 offers a 8.39% rental yield on a $549,000 purchase with $3,839/mo rent. Total monthly income registers $3,839/mo, and a $2,687/mo payment leaves $594/mo available for distribution. Annual cash flow reaches $7,126/yr on $180,621 to close, and return on cash invested stands at 24.01% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 124.4% and total cumulative return in cash at $224,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,839/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
1,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85258, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,892 (100%) |
| Owner Occupied HU | 9,868 (62.1%) |
| Renter Occupied HU | 3,100 (19.5%) |
| Vacant Housing Units | 2,924 (18.4%) |
| Median Home Value | $779,701 |
| Average Home Value | $848,217 |
Housing Distribution
Address Breakdown
Residential
14,419
Single Family
9,835
Multi-Family
4,584
Businesses
1,712
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Listed by: Kathy Rios • Russ Lyon Sotheby's International Realty
Mls Name: ARMLS
Mls ID: #6915886