8653 E Royal Palm Rd UNIT 2017ScottsdaleAZ85258
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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
Rental property for sale in Scottsdale at 8653 E Royal Palm Rd UNIT 2017, Scottsdale, AZ, 85258 generates $3,714/mo in rent and, after a $2,313/mo payment, leaves $509/mo in cash flow. Total monthly income is $3,714/mo, and annual cash flow is $6,103/yr on $156,634 invested. Return on cash invested sits at 23.81% in year one, and rental yield is 9.43% on a $472,500 entry. Equity gained on principal adds $3,049/yr, while 5% annual appreciation builds toward $130,543 over five years. Five-year ROI reaches 124.53% and total cumulative return in cash sums $195,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,714/mo property income rather than buyer’s personal income.
Townhouse
Built in 1996
1,824 sqft lot
$N/A/sqft
$412 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: Jennifer Bell • Lux Home Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6906951
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.