8334 E Palm LnScottsdaleAZ85257
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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 8334 E Palm Ln, Scottsdale, AZ, 85257 priced at $688,000 pairs $3,419/mo rent with after a $3,367/mo payment. Total monthly income equals $3,419/mo. Return on cash invested is 16.63% in year one, and rental yield stands at 5.96% on a $688,000 basis. Equity gained on principal adds $4,440/yr, and 5% annual appreciation accumulates to $190,082 by year five. Five-year ROI measures 84.85% and total cumulative return in cash reaches $192,064. For financing, Ziffy Mortgage’s DSCR program evaluates $3,419/mo property income against a $3,367/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
6,859 sqft lot
$N/A/sqft
No 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: Anthony R Fortuna • LPT Realty, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6862391
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