7347 E Evening Glow DrScottsdaleAZ85266
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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 7347 E Evening Glow Dr, Scottsdale, AZ, 85266 earns $179/mo cash flow from $7,289/mo rent with a $5,629/mo payment. Total monthly income totals $7,289/mo, and annual cash flow totals $2,146/yr on $372,600 capital. ROI tracks 20.95% on current figures, and rental yield reads 7.61% at a $1,150,000 purchase. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 over five years. Five-year ROI reaches 108.29% and total cumulative return in cash sums $403,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,289/mo property income instead of your personal income.
Single Family
Built in 1999
6,052 sqft lot
$N/A/sqft
$936 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85266, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,678 (100%) |
| Owner Occupied HU | 5,157 (77.2%) |
| Renter Occupied HU | 247 ( 3.7%) |
| Vacant Housing Units | 1,274 (19.1%) |
| Median Home Value | $941,338 |
| Average Home Value | $1,117,185 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
2,636
Multi-Family
3,646
Businesses
155
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Listed by: Gary Fitzpatrick • Russ Lyon Sotheby's International Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6901905
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.