8826 E Cortez StScottsdaleAZ85260
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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 8826 E Cortez St, Scottsdale, AZ, 85260 earns from $3,527/mo rent with a $3,304/mo payment. Total monthly income totals $3,527/mo. ROI tracks 17.56% on current figures, and rental yield reads 6.27% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 89.82% and total cumulative return in cash sums $199,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,527/mo property income instead of your personal income.
Single Family
Built in 1979
8,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85260, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,177 (100%) |
| Owner Occupied HU | 11,358 (51.2%) |
| Renter Occupied HU | 7,872 (35.5%) |
| Vacant Housing Units | 2,947 (13.3%) |
| Median Home Value | $681,416 |
| Average Home Value | $778,660 |
Housing Distribution
Address Breakdown
Residential
19,755
Single Family
8,288
Multi-Family
11,467
Businesses
3,843
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Listed by: William M Davidson • HomeSmart
Mls Name: ARMLS
Mls ID: #6908250