8338 E Joshua Tree LnScottsdaleAZ85250
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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 8338 E Joshua Tree Ln, Scottsdale, AZ, 85250 listed at $789,000 pairs $3,264/mo rent with a $3,862/mo payment. Total monthly income runs $3,264/mo. Return on cash invested measures 13.59% in year one, and rental yield registers 4.96% at a $789,000 basis. Equity gained on principal adds $5,091/yr, and annual property appreciation at 5% supports $217,986 by year five. Five-year ROI tracks 68.54% and total cumulative return in cash totals $177,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,264/mo property income relative to a $3,862/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
5,747 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85250, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,642 (100%) |
| Owner Occupied HU | 6,442 (66.8%) |
| Renter Occupied HU | 1,958 (20.3%) |
| Vacant Housing Units | 1,242 (12.9%) |
| Median Home Value | $618,652 |
| Average Home Value | $733,635 |
Housing Distribution
Address Breakdown
Residential
9,446
Single Family
7,009
Multi-Family
2,437
Businesses
551
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Listed by: Kimberley Doering • Redfin Corporation
Mls Name: ARMLS
Mls ID: #6943583