10638 E Honey Mesquite DrScottsdaleAZ85262
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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
Total monthly income runs $4,380/mo, and a $8,810/mo payment. Purchase price stands at $1,800,000, and rental yield measures 2.92% with $4,380/mo rent. Return on cash invested shows 6.9% in year one, and 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 32.81% and total cumulative return in cash records $191,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,380/mo property income covering a $8,810/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.55 Acres lot
$N/A/sqft
$1,722 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85262, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,668 (100%) |
| Owner Occupied HU | 6,133 (70.8%) |
| Renter Occupied HU | 338 ( 3.9%) |
| Vacant Housing Units | 2,197 (25.3%) |
| Median Home Value | $1,157,056 |
| Average Home Value | $1,297,474 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
3,373
Multi-Family
5,206
Businesses
137
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Listed by: Lonnie Lopez • Russ Lyon Sotheby's International Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6868036
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