8220 E Montecito AveScottsdaleAZ85251
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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
Investment property for sale in Scottsdale at 8220 E Montecito Ave, Scottsdale, AZ, 85251 listed at $600,000 pairs $5,216/mo rent with a $2,937/mo payment to leave $1,669/mo cash flow. Total monthly income runs $5,216/mo, and annual cash flow reaches $20,028/yr on $197,400 cash to close. Return on cash invested measures 30.21% in year one, and rental yield registers 10.43% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 157.65% and total cumulative return in cash totals $311,208. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,216/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
7,214 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85251, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,269 (100%) |
| Owner Occupied HU | 10,332 (39.3%) |
| Renter Occupied HU | 11,651 (44.4%) |
| Vacant Housing Units | 4,286 (16.3%) |
| Median Home Value | $628,160 |
| Average Home Value | $737,287 |
Housing Distribution
Address Breakdown
Residential
24,405
Single Family
10,048
Multi-Family
14,357
Businesses
2,882
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Listed by: Eric Brossart • Keller Williams Realty Phoenix
Mls Name: ARMLS
Mls Provider:
Mls ID: #6857522
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.