9707 E Mountain View Rd UNIT 1408ScottsdaleAZ85258
Nearby investment properties with comparable rents
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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 9707 E Mountain View Rd UNIT 1408, Scottsdale, AZ, 85258 generates $2,652/mo in rent, after a $2,236/mo payment. Total monthly income is $2,652/mo. Return on cash invested sits at 16.2% in year one, and rental yield is 6.97% on a $456,900 entry. Equity gained on principal adds $2,948/yr, while 5% annual appreciation builds toward $126,233 over five years. Five-year ROI reaches 83.78% and total cumulative return in cash sums $126,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,652/mo property income rather than buyer’s personal income.
Condo
Built in 1984
1,161 sqft lot
$N/A/sqft
$420 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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