7427 E Evening Glow DrScottsdaleAZ85266
Nearby investment properties with comparable rents
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
Rental property for sale in Scottsdale at 7427 E Evening Glow Dr, Scottsdale, AZ, 85266 offers $4,800/mo rent that, after a $4,307/mo payment. Total monthly income is $4,800/mo. Return on cash invested measures 17.12% in year one, and rental yield stands at 6.55% at a $879,900 entry. Equity gained on principal adds $5,678/yr while 5% annual appreciation compounds into $243,100 by year five. Five-year ROI records 87.93% and total cumulative return in cash reaches $254,533. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,800/mo property income versus a $4,307/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
6,700 sqft lot
$N/A/sqft
$926 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: Kaye Hert • Platinum Living Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6774066
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