8430 E Fairmount AveScottsdaleAZ85251
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8430 E Fairmount Ave, Scottsdale, AZ, 85251 generates $4,336/mo in rent, after a $5,869/mo payment. Total monthly income is $4,336/mo. Return on cash invested sits at 11.87% in year one, and rental yield is 4.34% on a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 59.27% and total cumulative return in cash sums $230,241. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,336/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
7,160 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dakota Moon • ARRT of Real Estate
Mls Name: ARMLS
Mls ID: #6907455