1013 N Granite Reef RdScottsdaleAZ85257
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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 1013 N Granite Reef Rd, Scottsdale, AZ, 85257 offers $1,986/mo rent that, after a $1,588/mo payment. Total monthly income is $1,986/mo. Return on cash invested measures 17.32% in year one, and rental yield stands at 7.34% at a $324,500 entry. Equity gained on principal adds $2,094/yr while 5% annual appreciation compounds into $89,653 by year five. Five-year ROI records 89.86% and total cumulative return in cash reaches $96,660. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,986/mo property income versus a $1,588/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
41 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85257, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,213 (100%) |
| Owner Occupied HU | 9,061 (49.8%) |
| Renter Occupied HU | 7,421 (40.7%) |
| Vacant Housing Units | 1,731 ( 9.5%) |
| Median Home Value | $513,087 |
| Average Home Value | $525,796 |
Housing Distribution
Address Breakdown
Residential
16,173
Single Family
10,935
Multi-Family
5,238
Businesses
841
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Listed by: Seyna Jones • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6840907
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010