8613 E Citrus WayScottsdaleAZ85250
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 8613 E Citrus Way, Scottsdale, AZ, 85250 generates $6,270/mo in rent and, after a $3,788/mo payment, leaves $1,695/mo in cash flow. Total monthly income is $6,270/mo, and annual cash flow is $20,341/yr on $254,646 invested. Return on cash invested sits at 28.05% in year one, and rental yield is 9.72% on a $774,000 entry. Equity gained on principal adds $4,995/yr, while 5% annual appreciation builds toward $213,842 over five years. Five-year ROI reaches 146.1% and total cumulative return in cash sums $372,041. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,270/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
7,667 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85250, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,642 (100%) |
| Owner Occupied HU | 6,442 (66.8%) |
| Renter Occupied HU | 1,958 (20.3%) |
| Vacant Housing Units | 1,242 (12.9%) |
| Median Home Value | $618,652 |
| Average Home Value | $733,635 |
Housing Distribution
Address Breakdown
Residential
9,446
Single Family
7,009
Multi-Family
2,437
Businesses
551
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Listed by: Kristin L. Graziano • Locality Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6837308
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