8651 E Royal Palm Rd UNIT 118ScottsdaleAZ85258
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 8651 E Royal Palm Rd UNIT 118, Scottsdale, AZ, 85258 in Scottsdale speaks for itself: 10.3% gross on a $325,000 price, generating $2,790/mo in rent and $527/mo in net income after the $1,461/mo debt service. DSCR 1.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,322 stacks alongside $89,792 in projected five-year appreciation and $2,993/yr in principal reduction. Projected total cumulative return: $158,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 4.2% |
| Monthly Cash Flow | $527 | $1,800 |
City averages based on Scottsdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,790 |
| Total Monthly Debt Service | $2,134 |
| DSCR Ratio | 1.31x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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