8524 E BELLEVIEW StreetScottsdaleAZ85257
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8524 E BELLEVIEW Street, Scottsdale, AZ, 85257 in Scottsdale is a stable, well-positioned rental at $319,000. Rental yield 8.31%. DSCR 1.46 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $88,134 in value and $2,674/yr in principal paydown builds equity, a total projected return of $112,480.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.2% |
| Monthly Cash Flow | $(59) | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,209 |
| Total Monthly Debt Service | $2,219 |
| DSCR Ratio | 1.00x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1984
42 sqft lot
$N/A/sqft
$382 monthly 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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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Farrell Hogenauer • Real Broker
Mls Name: ARMLS
Mls Provider:
Mls ID: #7061206
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
