7575 E INDIAN BEND Road 2027, Scottsdale, AZ 85250, Scottsdale, 85250 - 1 bed, 1 bath
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Scottsdale, AZ 85250
This Proven Income-Generating Asset is listed at $270,000, representing a strategic acquisition for those prioritizing immediate cash flow and stability. Positioned relative to a $252,255 Fair Market Value, the price reflects the value of a 9-year rental history and a reliable tenant lease secured through March 2027. The unit maintains a Condition Rating of 3 and features scenic mountain views alongside resort-style amenities including two pools and a fitness gym. Proximity to top-rated schools like Kiva Elementary ensures long-term desirability. This is an ideal entry for Buy-and-Hold Investors or Passive Income Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7575 E INDIAN BEND Road 2027 Subject | $270,000* List Price | 1 | 1 | 731 | $345 | - |
A 7575 E INDIAN BEND Road 1036 Active | $319,000 List Price | 1 | 1 | 731 | $436 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1994, the property is well-maintained and move-in ready. It features upgraded wood-look flooring and clean interior finishes. While the kitchen cabinets and black appliances are dated (likely 15+ years old), they remain functional and the unit shows no signs of deferred maintenance, supported by a consistent 9-year rental history.
The property features a reliable long-term tenant with a 9-year history and a lease secured through March 2027, providing immediate and stable cash flow for investors.
Located in a gated community, residents have access to premium facilities including two pools, a tennis court, and a fitness gym, significantly enhancing lifestyle and rental appeal.
The unit offers desirable mountain views, a sought-after feature in the Scottsdale market that adds aesthetic value and enhances the overall living experience.
With a tenant lease in place until early 2027, the property is not available for immediate owner-occupancy, which excludes traditional homebuyers looking for a primary residence.
At 731 square feet with only one bedroom and one bathroom, the unit's smaller footprint may limit its appeal to a narrower demographic of single occupants or couples.
Beautiful Gated Community in Mid Scottsdale - Great Location, Easy access to Everything! :) Current tenant INCOME is at $1,524, and good till March 2027. (willing to stay another year after that). Great rental History 9 Years. Upgrade Wood Floors and more! 2 Community Pools, Tennis Court and Fitness Gym.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 731 | 1,467 | 20% |
| Lot Size | 68 | 1,200 | 13% |
| Price | $270.0K | $315.0K | 47% |
| Price per sq ft | $369 | $338 | 60% |
| Built year | 1994 | 1981 | 93% |
| HOA | $330 | $263 | 67% |
| Days on market | 54 | 2208 | 7% |
Apr 14, 2026
$270,000
Initial Listing