7741 E Journey LnScottsdaleAZ85255
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 7741 E Journey Ln, Scottsdale, AZ, 85255 offers $3,870/mo rent that, after a $5,286/mo payment. Total monthly income is $3,870/mo. Return on cash invested measures 11.44% in year one, and rental yield stands at 4.3% at a $1,080,000 entry. Equity gained on principal adds $6,969/yr while 5% annual appreciation compounds into $298,384 by year five. Five-year ROI records 57.08% and total cumulative return in cash reaches $199,732. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,870/mo property income versus a $5,286/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
6,900 sqft lot
$N/A/sqft
$269 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85255, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,483 (100%) |
| Owner Occupied HU | 15,546 (63.5%) |
| Renter Occupied HU | 5,244 (21.4%) |
| Vacant Housing Units | 3,693 (15.1%) |
| Median Home Value | $944,747 |
| Average Home Value | $1,113,441 |
Housing Distribution
Address Breakdown
Residential
23,562
Single Family
3,421
Multi-Family
20,141
Businesses
1,932
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peggy Murphy • Coldwell Banker Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6837983
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