7718 E Wilshire DrScottsdaleAZ85257
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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
Rental property for sale in Scottsdale at 7718 E Wilshire Dr, Scottsdale, AZ, 85257 priced at $507,900 converts $3,487/mo rent into $195/mo cash flow after a $2,486/mo obligation. Total monthly income equals $3,487/mo, and annual cash flow totals $2,336/yr on $167,099 invested. Return on cash invested prints 21.46% in year one, and rental yield reads 8.24% against a $507,900 entry. Equity gained on principal adds $3,277/yr, while 5% annual appreciation compiles into $140,323 by year five. Five-year ROI reaches 111.5% and total cumulative return in cash sums $186,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,487/mo property income covering a $2,486/mo payment, not borrower’s personal income.
Townhouse
Built in 1972
3,817 sqft lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85257, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,213 (100%) |
| Owner Occupied HU | 9,061 (49.8%) |
| Renter Occupied HU | 7,421 (40.7%) |
| Vacant Housing Units | 1,731 ( 9.5%) |
| Median Home Value | $513,087 |
| Average Home Value | $525,796 |
Housing Distribution
Address Breakdown
Residential
16,173
Single Family
10,935
Multi-Family
5,238
Businesses
841
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Listed by: David Terwilliger • HomeSmart
Mls Name: ARMLS
Mls Provider:
Mls ID: #6854343
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