8619 E El Charro LnScottsdaleAZ85250
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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
Investment property for sale in Scottsdale at 8619 E El Charro Ln, Scottsdale, AZ, 85250 offers a 7.41% rental yield on a $679,990 purchase with $4,200/mo rent. Total monthly income registers $4,200/mo, and a $3,328/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,168/yr on $223,717 to close, and return on cash invested stands at 21.03% in year one. Equity gained on principal adds $4,388/yr while 5% annual appreciation supports $187,869 over five years. Portfolio math shows five-year ROI at 108.45% and total cumulative return in cash at $242,625. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
6,939 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: Jasson Dellacroce • My Home Group Real Estate
Mls Name: ARMLS
Mls Provider:
Mls ID: #6918643
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.