8651 E Royal Palm Rd UNIT 118ScottsdaleAZ85258
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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 8651 E Royal Palm Rd UNIT 118, Scottsdale, AZ, 85258 uses $107,738 cash to close to unlock $6,319/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $2,790/mo, and a $1,591/mo payment keeps the spread at $527/mo. Purchase price stands at $325,000, and rental yield measures 10.3% with $2,790/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 135.33% and total cumulative return in cash records $145,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,790/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Apartment
Built in 1984
1,284 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
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Listed by: Beth Jo Zeitzer • R.O.I. Properties
Mls Name: ARMLS
Mls Provider:
Mls ID: #6856638
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