8603 E Aster DrScottsdaleAZ85260
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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 8603 E Aster Dr, Scottsdale, AZ, 85260 offers a 6.1% rental yield on a $1,665,000 purchase with $8,459/mo rent. 12% in year one. Equity gained on principal adds $10,744/yr while 5% annual appreciation supports $460,009 over five years. Portfolio math shows five-year ROI at 87.48% and total cumulative return in cash at $471,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,459/mo property income against a $8,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.47 Acres lot
$N/A/sqft
$466 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85260, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,177 (100%) |
| Owner Occupied HU | 11,358 (51.2%) |
| Renter Occupied HU | 7,872 (35.5%) |
| Vacant Housing Units | 2,947 (13.3%) |
| Median Home Value | $681,416 |
| Average Home Value | $778,660 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
8,288
Multi-Family
11,467
Businesses
3,843
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Listed by: Chad M Schreiner • RMA-Mountain Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6873581
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.