7338 E Casitas Del Rio DrScottsdaleAZ85255
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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 7338 E Casitas Del Rio Dr, Scottsdale, AZ, 85255 uses $259,873 cash to close to unlock $12,191/yr annual cash flow and $1,016/mo monthly cash flow. Total monthly income runs $5,953/mo, and a $3,866/mo payment keeps the spread at $1,016/mo. Purchase price stands at $789,888, and rental yield measures 9.04% with $5,953/mo rent. Return on cash invested shows 24.75% in year one, and 5% annual appreciation builds toward $218,231 over five years. Five-year ROI reaches 128.85% and total cumulative return in cash records $334,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,953/mo property income covering a $3,866/mo payment rather than investor’s personal income.
Single Family
Built in 2018
1,809 sqft lot
$N/A/sqft
$268 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
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Listed by: Joshua A Peters • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6851360
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