8308 E Mariposa DrScottsdaleAZ85251
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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 8308 E Mariposa Dr, Scottsdale, AZ, 85251 priced at $1,460,000 converts $4,914/mo rent into after a $7,146/mo obligation. Total monthly income equals $4,914/mo. Return on cash invested prints 10.94% in year one, and rental yield reads 4.04% against a $1,460,000 entry. Equity gained on principal adds $9,421/yr, while 5% annual appreciation compiles into $403,371 by year five. Five-year ROI reaches 54.29% and total cumulative return in cash sums $256,793. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,914/mo property income covering a $7,146/mo payment, not borrower’s personal income.
Single Family
Built in 1961
9,636 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: Ryan Smith • Compass
Mls Name: ARMLS
Mls Provider:
Mls ID: #6859860
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.