8607 N Farview DrScottsdaleAZ85258
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 8607 N Farview Dr, Scottsdale, AZ, 85258 priced at $1,685,000 converts $5,392/mo rent into after a $8,247/mo obligation. Total monthly income equals $5,392/mo. Return on cash invested prints 10.24% in year one, and rental yield reads 3.84% against a $1,685,000 entry. Equity gained on principal adds $10,873/yr, while 5% annual appreciation compiles into $465,534 by year five. Five-year ROI reaches 50.53% and total cumulative return in cash sums $275,870. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,392/mo property income covering a $8,247/mo payment, not borrower’s personal income.
Single Family
Built in 1979
7,311 sqft lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85258, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,892 (100%) |
| Owner Occupied HU | 9,868 (62.1%) |
| Renter Occupied HU | 3,100 (19.5%) |
| Vacant Housing Units | 2,924 (18.4%) |
| Median Home Value | $779,701 |
| Average Home Value | $848,217 |
Housing Distribution
Address Breakdown
Residential
14,419
Single Family
9,835
Multi-Family
4,584
Businesses
1,712
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Listed by: Frank Aazami • Russ Lyon Sotheby's International Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6803870
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