8637 E Palm LnScottsdaleAZ85257
Nearby investment properties with comparable rents
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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 8637 E Palm Ln, Scottsdale, AZ, 85257 offers a 5.99% rental yield on a $684,900 purchase with $3,419/mo rent. 71% in year one. Equity gained on principal adds $4,420/yr while 5% annual appreciation supports $189,225 over five years. Portfolio math shows five-year ROI at 85.28% and total cumulative return in cash at $192,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,419/mo property income against a $3,352/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,871 sqft lot
$N/A/sqft
No 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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Listed by: Bretton F Trapnell • HomeSmart
Mls Name: ARMLS
Mls ID: #6924928