7757 E Journey LnScottsdaleAZ85255
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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 7757 E Journey Ln, Scottsdale, AZ, 85255 generates $6,454/mo in rent and, after a $4,980/mo payment, leaves $350/mo in cash flow. Total monthly income is $6,454/mo, and annual cash flow is $4,198/yr on $329,670 invested. Return on cash invested sits at 21.64% in year one, and rental yield is 7.61% on a $1,017,500 entry. Equity gained on principal adds $6,566/yr, while 5% annual appreciation builds toward $281,116 over five years. Five-year ROI reaches 111.79% and total cumulative return in cash sums $368,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,454/mo property income rather than buyer’s personal income.
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
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Listed by: Sharon Wisniewski • eXp Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6901563
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.