7527 E Desert Cove AveScottsdaleAZ85260
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 7527 E Desert Cove Ave, Scottsdale, AZ, 85260 generates $3,600/mo in rent, after a $5,531/mo payment. Total monthly income is $3,600/mo. Return on cash invested sits at 10.28% in year one, and rental yield is 3.82% on a $1,130,000 entry. Equity gained on principal adds $7,292/yr, while 5% annual appreciation builds toward $312,198 over five years. Five-year ROI reaches 50.72% and total cumulative return in cash sums $185,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Townhouse
Built in 1987
7,569 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85260, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,177 (100%) |
| Owner Occupied HU | 11,358 (51.2%) |
| Renter Occupied HU | 7,872 (35.5%) |
| Vacant Housing Units | 2,947 (13.3%) |
| Median Home Value | $681,416 |
| Average Home Value | $778,660 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
8,288
Multi-Family
11,467
Businesses
3,843
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stuart Dill • HomeSmart
Mls Name: ARMLS
Mls ID: #6963921