7400 E Gainey Club Dr UNIT 230ScottsdaleAZ85258
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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 7400 E Gainey Club Dr UNIT 230, Scottsdale, AZ, 85258 earns from $3,426/mo rent with a $4,381/mo payment. Total monthly income totals $3,426/mo. ROI tracks 12.46% on current figures, and rental yield reads 4.59% at a $895,000 purchase. Equity gained on principal adds $5,775/yr, and 5% annual appreciation supports $247,272 over five years. Five-year ROI reaches 62.5% and total cumulative return in cash sums $184,046. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,426/mo property income instead of your personal income.
Condo
Built in 1993
1,869 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: Nathan J Janecek • Keller Williams Realty Sonoran Living
Mls Name: ARMLS
Mls ID: #6964903