10939 N 111th StScottsdaleAZ85259
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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 10939 N 111th St, Scottsdale, AZ, 85259 offers a 11.88% rental yield on a $787,500 purchase with $7,798/mo rent. Total monthly income registers $7,798/mo, and a $3,854/mo payment leaves $3,143/mo available for distribution. Annual cash flow reaches $37,720/yr on $259,088 to close, and return on cash invested stands at 34.62% in year one. Equity gained on principal adds $5,082/yr while 5% annual appreciation supports $217,572 over five years. Portfolio math shows five-year ROI at 181.33% and total cumulative return in cash at $469,795. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,798/mo property income against a $3,854/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
7,787 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85259, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,440 (100%) |
| Owner Occupied HU | 7,523 (72.1%) |
| Renter Occupied HU | 2,035 (19.5%) |
| Vacant Housing Units | 882 ( 8.4%) |
| Median Home Value | $873,619 |
| Average Home Value | $967,282 |
Housing Distribution
Address Breakdown
Residential
10,411
Single Family
7,719
Multi-Family
2,692
Businesses
233
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Listed by: Mike A Susic • Street Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6844941
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