8497 E Montello RdScottsdaleAZ85266
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 8497 E Montello Rd, Scottsdale, AZ, 85266 in Scottsdale worth study. Rental yield 3.52%. The 3.52% gross yield is below cash-flow benchmarks at $1,725,000, but 5% annual appreciation, adding $476,586 over five years, frames this as a capital growth position. Rent of $5,060/mo partially offsets the $7,757/mo payment. Ziffy Mortgage finances appreciation-play properties (0.65 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $313,521.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 4.2% |
| Monthly Cash Flow | $(5,269) | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,060 |
| Total Monthly Debt Service | $9,642 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
0.63 Acres lot
$N/A/sqft
$396 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85266, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,678 (100%) |
| Owner Occupied HU | 5,157 (77.2%) |
| Renter Occupied HU | 247 ( 3.7%) |
| Vacant Housing Units | 1,274 (19.1%) |
| Median Home Value | $941,338 |
| Average Home Value | $1,117,185 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
2,636
Multi-Family
3,646
Businesses
155
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
Single Family
Built in 2002
0.63 Acres lot
$N/A/sqft
$396 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85266, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,678 (100%) |
| Owner Occupied HU | 5,157 (77.2%) |
| Renter Occupied HU | 247 ( 3.7%) |
| Vacant Housing Units | 1,274 (19.1%) |
| Median Home Value | $941,338 |
| Average Home Value | $1,117,185 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
2,636
Multi-Family
3,646
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Wrubel • Citiea
Mls Name: ARMLS
Mls Provider:
Mls ID: #6805099
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