8649 E Royal Palm Rd UNIT 113ScottsdaleAZ85258
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 8649 E Royal Palm Rd UNIT 113, Scottsdale, AZ, 85258 in Scottsdale delivers $2,316/mo in gross rent and $413/mo in net monthly income at a $264,000 entry. The 10.53% yield and 1.95 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $72,938 over five years and $2,431/yr in equity from loan paydown, total projected return is $127,911.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 4.2% |
| Monthly Cash Flow | $413 | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,316 |
| Total Monthly Debt Service | $1,798 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1980
76 sqft lot
$N/A/sqft
$342 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
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
Condo
Built in 1980
76 sqft lot
$N/A/sqft
$342 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elmon Krupnik • Venture REI, LLC
Mls Name: ARMLS
Mls Provider:
Mls ID: #6894453
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.