8787 E Mountain View Rd UNIT 2040ScottsdaleAZ85258
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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
Investment Highlights
Rental property for sale in Scottsdale at 8787 E Mountain View Rd UNIT 2040, Scottsdale, AZ, 85258 generates $2,153/mo in rent and, after a $1,542/mo payment, leaves $291/mo in cash flow. Total monthly income is $2,153/mo, and annual cash flow is $3,489/yr on $104,423 invested. Return on cash invested sits at 23.25% in year one, and rental yield is 8.2% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 120.39% and total cumulative return in cash sums $125,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,153/mo property income rather than buyer’s personal income.
Condo
Built in 1985
772 sqft lot
$N/A/sqft
No 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: Grady Baker • Russ Lyon Sotheby's International Realty
Mls Name: ARMLS
Mls ID: #6946751